Examlex

Solved

According to the Hierarchy-Of-Effects Model, Which of the Following Corresponds

question 63

Multiple Choice

According to the hierarchy-of-effects model, which of the following corresponds to the affective stage that a buyer passes through?

Realize the importance of information technology in bridging the IT gap within supply chain collaborations.
Recognize the evolving trends and future directions in logistics and supply chain management, including specialization and narrowing of service offerings.
Acknowledge the critical role of continuous improvement and innovation in maintaining successful 3PL relationships.
Understand the significance of financial considerations, including costs and benefits, in utilizing 3PL and 4PL services.

Definitions:

Fair Bargain

An agreement between parties that is equitable and just, where each party receives a benefit in exchange for what is given.

Enforce Promises

The legal ability to ensure that agreements or commitments are carried out, often through contract law.

Adequacy Of Consideration

Evaluation of whether the value exchanged in a contract is fair and sufficient, although the law often requires only some value to be exchanged.

Electronic Commerce Legislation

Laws and regulations that govern online business transactions.

Related Questions