Supply Strategies That Are Designed to Exploit Market Opportunities and Organizational

question 5

Multiple Choice

Supply strategies that are designed to exploit market opportunities and organizational strengths to give the buying organization an advantage in the marketplace are known as:

• A)risk-management strategies.
• B)competitive-edge strategies.
• C)assurance-of-supply strategies.
• D)cost-reduction strategies.
• E)supply-chain-support strategies.

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Definitions:

Social Networks

Online platforms that allow users to build interpersonal relationships, share interests, activities, backgrounds, or real-life connections.

LinkedIn Page

A public profile on LinkedIn, the professional networking site, dedicated to businesses, organizations, or public figures to share updates, insights, and engage with followers.

Information Technologies

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Loose Collection

Loose Collection refers to a group of items or elements that are gathered together without a strict organization or structure.