Which one of the following is not a characteristic of an efficient and effective supply chain management?
A) Decrease threat of new entrant to market place
B) Increase its own power as supplier
C) Decrease threat of substitute products and services
D) Increase buyer power

Question

Quizplus · Accepted Answer

Increasing buyer power is not a characteristic of an efficient and effective supply chain management. In fact, a strong supply chain management should aim to balance the power dynamics between suppliers and buyers to ensure a mutually beneficial relationship. Increasing buyer power can destabilize this balance and potentially harm the supply chain's efficiency and effectiveness.

Which One of the Following Is Not a Characteristic of an Efficient