Asked by eunice morel on May 09, 2024
Verified
Which one of the following is not a supply-chain strategy?
A) negotiation with many suppliers
B) vertical integration
C) keiretsu
D) short-term relationships with few suppliers
E) virtual companies
Supply-Chain Strategy
Planning and management of all activities involved in sourcing, procurement, and logistics management activities.
Vertical Integration
The expansion of a company's operations into different stages of production within the same industry, usually to increase control over the supply chain.
- Acquire a deep understanding of the myriad aspects of supply chain management, including the facets of environmental risks and integration strategies.
Verified Answer
KD
Katie DeakinMay 16, 2024
Final Answer :
D
Explanation :
Short-term relationships with few suppliers is not a supply-chain strategy. It goes against the principles of building strong and long-term relationships with suppliers to ensure a stable and reliable supply chain. This approach can lead to supply chain disruptions and uncertainty, which can negatively impact the company's performance.
Learning Objectives
- Acquire a deep understanding of the myriad aspects of supply chain management, including the facets of environmental risks and integration strategies.
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