Interest in the Supply Function as a Managerial Activity Began

question 11

Multiple Choice

Interest in the supply function as a managerial activity began:

• A)before 1900 when railroads recognized it as an important function.
• B)during World Wars I and II because of global materials shortages.
• C)in the 1970s during a period of high inflation.
• D)in the early 1980s with high interest rates and the costs of financing inventory.
• E)more recently with the rise of e-commerce.