Benford's Law Applies to the ______

question 12

Multiple Choice

Benford's law applies to the ______.

• A) first digit only
• B) second digit only
• C) both the first and second digit
• D) neither the first nor second digit

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Definitions:

Supply Chain Responsiveness

The agility of a supply chain in adapting and responding to changes in demand, supply, and other external factors.

Implied Uncertainty

The level of risk or doubt inherent in decision-making due to lack of precise information.

Supply Chain Strategy

A plan that outlines how a company will manage its supply chain to achieve competitive advantage and meet customer demand efficiently and effectively.

Strategic Fit

The alignment between an organization's resources and capabilities with the external environment to achieve its strategic objectives.