The Set of Forces and Factors That Positively or Negatively

question 47

Multiple Choice

The set of forces and factors that positively or negatively impact an organization's ability to compete within its marketplace are known as the ________.

• A)environmental factors
• B)realm of decisions
• C)operating environment
• D)force field
• E)scope of analysis

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Definitions:

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

Cross Dock Distribution Center

A warehouse where incoming shipments are directly transferred to outgoing trucks or trailers, minimizing storage time and accelerating distribution.

Milk Runs

A delivery method where a single vehicle collects and delivers goods in a route that minimizes transportation time and cost, often used for JIT inventories.

LTL Carrier

An LTL (Less Than Truckload) Carrier is a transportation service that combines shipments from multiple customers into one truckload, optimizing efficiency for smaller loads.