Asked by Divine Diamante on Apr 26, 2024
Verified
Chestnut Inc., a computer manufacturing company, effectively manages its supply chain. It can be said that Chestnut's supply chain is most likely to enable Chestnut to:
A) qualify for lower tariffs in foreign markets by reclassifying its products.
B) produce high-quality, low-cost products.
C) use the same mix of marketing strategies in its foreign and domestic markets.
D) use a flexible cost-plus pricing strategy.
Supply Chain
The sequence of processes involved in the production and distribution of a commodity, from raw materials to delivery of the finished product to the consumer.
Lower Tariffs
Reducing taxes or duties to be paid on imported goods, usually to encourage international trade.
- Acquire knowledge about the diverse approaches in supply chain management and their influence on a firm's competitive edge.
Verified Answer
ZK
Zybrea KnightMay 02, 2024
Final Answer :
B
Explanation :
Effective supply chain management allows a company to produce high-quality products at lower costs by optimizing operations, reducing waste, and improving efficiency.
Learning Objectives
- Acquire knowledge about the diverse approaches in supply chain management and their influence on a firm's competitive edge.
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