The Supply Chain

question 49

Multiple Choice

The supply chain:

• A) Points out the concept of weak link in an ordering process
• B) Helps us understand how value is built inside a single firm.
• C) Is composed of several value chains linked into a larger chain (a chain within a chain).
• D) All of the above
• E) None of the above

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased connectivity and interdependence of the world's markets and businesses.

Cultural Differences

Variations in the beliefs, behaviors, norms, and customs among people from different backgrounds or societies.

Diversity And Multiculturalism

Concepts that embrace the presence and participation of diverse groups of people, including different cultures, races, religions, and genders, in a society or organization.

Human Orientation Cultural

A cultural characteristic or value that emphasizes the importance of human resources, relationships, and wellbeing in an organization or society.