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Kayla Recently Quit a Job with a Large Corporation to Start

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Kayla recently quit a job with a large corporation to start her own business.While she realizes that her decision comes with risk,she is excited by the chance to be independent and the challenges of running her own firm.Kayla is an example of a(n) :

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Definitions:

Supply Chain

The network of manufacturers, suppliers, and logistics providers that work together to produce and deliver products to consumers.

Trade-Offs

The balancing of factors or outcomes in decision-making, where improving one aspect may result in compromising another.

Ordering Policies

Rules or guidelines that dictate how and when to place orders for materials or products, often aiming to minimize costs and meet demand.

Safety Inventory

Extra stock that is kept to mitigate the risk of stockouts caused by demand and supply variability.

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