Hi.

TRUE OR FALSE. State your explanation.

11) The best strategy for innovative products is to use either a responsive or an agile supply chain.

12) Outsourcing is the act of moving some of a firm's internal activities and decision responsibility to outside providers.

13) Outsourcing allows a firm to achieve an improved focus on its core competencies.

14) Logistics is a term indicating transportation choices for goods produced internationally but consumed domestically.

15) Logistics is a term that refers to the management functions that support the complete cycle of material flow, from the purchase and internal control of production materials; to the planning and control of work-in-process; to the purchasing, shipping, and distribution of the finished product.

16) A financially-driven reason for outsourcing is that it can turn fixed costs into variable costs.

17) A financially-driven reason for outsourcing is that it can shorten cycle time.

18) An organizationally-driven reason for outsourcing is that it can improve effectiveness by focusing on what the firm does best.

19) An organizationally-driven reason for outsourcing is that it can transform the organization.

20) A financially-driven reason for outsourcing is that it can reduce costs through a lower cost structure.

-ms