The Best Strategy for Innovative Products Is to Use Either

question 54

True/False

The best strategy for innovative products is to use either a responsive or an agile supply chain.

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Definitions:

Bundle

A set of goods or services sold together as a single combined unit.

Vertical Contracts

agreements between companies at different levels of the supply chain, such as between a manufacturer and a retailer.

Costly Activities

Activities that incur high expenses or require significant resources, often reducing profitability.

New Product

A good, service, or idea that is different from existing options and recently introduced to the market.