Specialization Within the Supply Function

question 1

Multiple Choice

Specialization within the supply function:

• A) allows staff to develop expertise in particular areas.
• B) is unnecessary because most tasks are transactional.
• C) has no impact on talent management or organization within supply.
• D) increases operating costs beyond the benefits of specialization.
• E) is seldom required now that so many tasks are automated.

---

Definitions:

Normative

Relating to or dealing with norms, especially in the sense of prescribing what ought to be rather than describing what is.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Positive Economic Statement

A factual claim about the world that can be tested and validated, referring to what is, rather than what ought to be.

Normative

Normative relates to an ideal standard or model, often reflecting opinions about what is desirable or how things should be, especially in ethics and economics.