The preferred hierarchy of supply chain strategies is 1) source reduction-design or use less, 2) reuse-multiple use of same item such as a package or container, 3) recycle-reprocess into raw material, 4) incinerate-at least extract energy, but create CO2 pollution at a minimum, 5) landfill-require space and transportation to store with potential impact on land and water.
Correct Answer:
Verified
Q1: Portfolio or quadrant analysis:
A) may be used
Q2: Supplier development initiatives may be focused on
Q3: In the portfolio matrix, characteristics of goods
Q4: Small suppliers:
A) are most suited for large
Q5: To avoid risk, a buyer can:
A) hedge
Q7: Site visits to suppliers are of little
Q8: The question of how much of a
Q10: Distributors, wholesalers, and retailers:
A) never add enough
Q11: Supply management's role in environmental considerations is:
A)
Q29: The buyer's assessment of the risk associated
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