Reduced Operating Costs and Lower Capital Costs Are a _______

question 43

Multiple Choice

Reduced operating costs and lower capital costs are a _______ payoff of sustainable SCM.

• A) Financial
• B) Customer
• C) Operational
• D) Organizational
• E) Societal

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Definitions:

World Systems

A socio-economic concept that views the global economy as a complex system governed by interactions between different countries and regions, categorizing them as core, periphery, and semi-periphery.

Benefits

Advantages or positive outcomes resulting from various actions, policies, or circumstances, often used in social, economic, and health contexts.

Drawbacks

Negative aspects or disadvantages associated with a situation, decision, or action.

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.