The Maximum Distance People Are Willing to Travel for a Service

question 112

Multiple Choice

The maximum distance people are willing to travel for a service is

• A) hinterland.
• B) range.
• C) threshold.
• D) median.
• E) meridian

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Definitions:

Agility

The ability to move quickly and easily, often used in organizations to describe the ability to adapt rapidly to market changes or challenges.

Forecasts

Predictions about future conditions or occurrences, often based on statistical analysis or current trends.

Push Model

A distribution method where products are pushed through the supply chain, from production to final consumers, without direct consumer demand driving it.

Pull Model

A supply chain management strategy where the demand for product initiates production and distribution, in contrast to the traditional push model driven by forecasted demand.