QUESTION 1 Which of the following statements best define what SCM is about? O a. SCM strategies are designed to increase both sales and operating expenses while simultaneously reducing inventory costs. O b. The SCM process when implemented, simulates real-business scenarios for supply chains. O c. SCM involves managing the manufacturing and movement of goods from your suppliers to your customers. d. all of the above. QUESTION 2 In the Mattel case study we reviewed involving the toy recalls, Mattel and Early Light would be best described as O a. distribution networks b. purchasing corporations c. supply chain competitors O d. supply chain partners QUESTION 3 A company's second tier suppliers primarily refers to a. their suppliers and customers b. their suppliers' suppliers c. their service providers O d. their manufacturers, wholesalers and retailers
