A Special Truck That Is Needed on the Project Has

question 41

Multiple Choice

A special truck that is needed on the project has been assigned to another project. This is an example of what type of resource constraint?

• A) Working capital
• B) People
• C) Equipment
• D) Information
• E) Materials

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Definitions:

Physical Distribution

The activities concerned with the efficient movement of products from the producer to consumers, including storage and transportation.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Price Elasticity

A measure of how sensitive the quantity demanded of a good or service is to a change in its price.

Price Sensitivity

The degree to which the price of a product affects consumers' purchasing behaviors.