Which of the Following Statements Is True About a Command

question 99

Multiple Choice

Which of the following statements is true about a command economy?

• A) Shortages occur because of complexities in the planning process.
• B) Planners determine what, how many, and for whom goods and services are to be produced.
• C) Planners often allocate goods and services through a rationing system.
• D) The quality of produced goods and services tends to be inferior.
• E) All of these are true.

Understand the impact of lot sizing and inventory decisions on supply chain performance.

Grasp the concept of CPFR and its role in collaborative planning and forecast replenishment.

Recognize the importance of performance measurement and incentives structure for supply chain coordination.

Understand the significance of centralizing decision-making in the supply chain to reduce information distortion and improve coordination.

---

Definitions:

Clear And Present Danger Test

A legal doctrine used to determine under what circumstances limits can be placed on First Amendment freedoms of speech, press, or assembly.

Bad Tendency Rule

Legal doctrine that permits the restriction of freedom of speech if the speech in question has a tendency to incite crime or disturb the public peace.

Strict Scrutiny Test

A form of judicial review that courts use to determine the constitutionality of certain laws, requiring the law to be narrowly tailored to serve a compelling governmental interest.

Clear And Present Danger Test

A legal standard that determines under what circumstances limits can be placed on First Amendment freedoms of speech, press, or assembly.