The Bullwhip Effect Can Be Countered By

question 94

Multiple Choice

The bullwhip effect can be countered by:

• A)globalization.
• B)disintermediation.
• C)implementing a CRM.
• D)reducing information uncertainty.
• E)product differentiation.

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Definitions:

Christopher Columbus

An Italian explorer sponsored by Spain, whose 1492 voyage across the Atlantic Ocean led to the widespread awareness of the Americas in the Old World.

Ferdinand

Refers to various historical figures, the most renowned being Ferdinand II of Aragon, who, alongside Queen Isabella of Castile, financed Christopher Columbus's 1492 voyage, leading to the European discovery of the New World.

Selling

The process of transferring goods or services from one party to another in exchange for money or other compensation.

Treaty of Tordesillas

An agreement in 1494 between Portugal and Spain, dividing the newly discovered lands outside Europe between them along a meridian 370 leagues west of the Cape Verde islands.