Trends in Supply Chain Management Include Increasing Inventory Levels and Considering

question 19

True/False

Trends in supply chain management include increasing inventory levels and considering the elimination of logistics intensive online retailing.

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Definitions:

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's price, such as pollution caused by manufacturing.

Special-Interest Effect

The impact on policy or decision-making driven by the concentrated benefits to a small group while the costs are dispersed among the general population.

Pork-Barrel Politics

Refers to the allocation of public funds for projects designed primarily to benefit constituents of a politician in return for their political support.