Many Firms Today Are So Diversified That They Cannot Be

question 4

True/False

Many firms today are so diversified that they cannot be classified by industry.

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Definitions:

Centralized

A model where decision-making and processes are consolidated at a single central point, often leading to efficiencies in inventory management, purchasing, and logistics.

Dell's Supply Chain

A highly efficient model focused on build-to-order manufacturing, direct sales, and strong supplier relationships, leading to reduced inventories and customized products.

Supply Chain Surplus

The difference between the value of the final product to the end consumer and the total costs of the supply chain that brings the product to the consumer.

Assembly → Customer

The process flow from the assembling of products to their delivery to the end consumer.