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Supply chains that consistently deliver the strongest business results have fully integrated end-to-end organization with common ________.

1) goals
2) strategies
3) processes
4) objectives

User Cooler
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1 Answer

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Final answer:

Supply chains with the strongest business results are those with fully integrated organizations that share common goals, including the advancement of technology and the protection of labor rights. option a.

Step-by-step explanation:

Supply chains that consistently deliver the strongest business results have fully integrated end-to-end organization with common goals. Integrated supply chains ensure that all parts of the chain are working towards the same objectives, leading to better efficiency and overall stronger business results. Advancements in technology and transportation, along with appropriate policies, contribute to maintaining effective supply chains, especially during national emergencies. Moreover, sharing innovations with developing countries can lead to quicker and more efficient product distribution. It's also crucial that labor rights are upheld within supply chains, necessitating companies to enhance their labor policies at both international and national levels.

Furthermore, the understanding of basic economic principles such as the interaction between supply and demand, market structures, and the principles of absolute and comparative advantage is essential in supply chain management. A competitive market affects the price and quantity of goods and services, and specialization in production facilitates trade. The development of global trade has also played a role in reducing trade barriers, contributing to a more interconnected supply chain environment.

User Vsevolod Poletaev
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