Strategies Designed to Make Available the Knowledge and Capabilities of Supply

question 11

Multiple Choice

Strategies designed to make available the knowledge and capabilities of supply chain members to others in the buying organization are called:

• A)environmental-change strategies.
• B)assurance-of-supply strategies.
• C)risk-management strategies.
• D)cost-reduction strategies.
• E)supply-chain-support strategies.

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Definitions:

Negatively Sloped

Characteristic of a line or curve on a graph that moves downward from left to right, indicating an inverse relationship between two variables.

Linear

A mathematical relationship or equation that describes a straight-line graph, often used to model simple proportional relationships between variables.

Seasonally Adjusted

Data that has been modified to eliminate effects of seasonal variations to provide a clearer view of trends.

Unemployment Rate

The rate of people within the labor force who are not employed but are actively seeking jobs.