Innovative products are best described as having which of the following attributes?

Group of answer choices

Technologically complex and digitally advanced

Stable demand and low profit margins

Stable demand but higher profit margins

Uncertain demand and higher profit margins

Subway would serve as a good example of which of the following supply chain strategies?

Group of answer choices

Modular product and integral supply chain design

Modular product and modular supply chain design

Integral product and integral supply chain design

Integral product and modular supply chain design

Which of the following describes the main reason some companies have a modular supply chain but integral products/processes?

Group of answer choices

To achieve economies of scale in production through outsourcing

To maximize the profit margin through outsourcing to the cheapest vendor

To ensure no one company can control the entire technology and dominate the industry

Technological complexity and advanced specialization

Which of the following mechanisms best explains why supply chains become more modular over time as the industry matures?

Group of answer choices

Pressure to enhance the responsiveness of the supply chain in a mature industry

Technology diffusion to a wider set of industry participants and suppliers

Increased consolidation and concentration of market share to a few companies in a mature market

Technologies become more complex even in a mature industry