CORRECT DETAILED ANSWERS (VERIFIED
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a firm may have a low cost strategy, and still select suppliers based on response
or differentiation - false
The supply chain for a brewery includes raw ingredients like hops and barley and
manufactured goods like cans - false
Supply chain decisions are not generally strategic in nature, because purchasing is
not a large expense for most firms. - false
Which of the following is a primary supplier selection criterion for a firm pursuing
a differentiation strategy? - development skills
If a business adopts a low-cost strategy, it should build a supply chain with _____ -
minimized inventory
Popeye's acquired feed mills and poultry farms, it has performed which of the
following? - backward integration
The Japanese concept of a company coalition of suppliers is: - keiretsu