John Watson Was the Founder of the School of Thought

question 26

Multiple Choice

John Watson was the founder of the school of thought that became known as ________.

• A) functionalism
• B) structuralism
• C) humanism
• D) behaviorism

Recognize the strategies for managing supply chain risks such as demand volatility and supply uncertainties.

Grasp the concept of echelon inventory and its significance in supply chain visibility.

Understand the concepts of safety inventory and its impact on fill rate and cycle service level.

Gain knowledge about different types of fill rates and cycle service levels in supply chain management.

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Definitions:

Supply And Demand

Fundamental economic concepts that determine the price of goods and services, where supply represents how much the market can offer, and demand indicates how much is wanted.

Volatile

Characterized by rapid and unpredictable changes, often seen in financial markets, prices, or demand patterns.

Supply Chain Companies

Businesses involved in the movement of goods from manufacturers to consumers, including production, distribution, and fulfillment services.

Off-Shore Sourcing

The practice of sourcing products or services from suppliers located in foreign countries, often to take advantage of lower costs or specialized skills.