The Bullwhip Effect Increases If All the Participants in the Supply

question 30

True/False

The bullwhip effect increases if all the participants in the supply chain have an access to consumer-demand information from the retailer.

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Definitions:

Feedback

Information employers give employees about their skills and knowledge and where these assets fit into the organization's plans.

Behaviorally Anchored Rating Scales (BARS)

An appraisal system that evaluates employees' performance based on specific behavioral examples related to job performance.

Bias

A tendency, inclination, or prejudice towards or against something or someone, often in a way considered to be unfair.

Performance Appraisal

A systematic evaluation process of an employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.