Examlex
Which stage in the venture life cycle is characterized by creating and building value, obtaining additional financing, and examining opportunities?
Supply Disruption
An unexpected event that interrupts the normal flow of goods and materials in a supply chain, potentially leading to stockouts, increased costs, or delivery delays.
Incentive
A factor, often a form of reward or penalty, that motivates individuals to perform an action or behave in a certain manner.
Fewer Suppliers
A procurement strategy where a company intentionally reduces the number of suppliers in its supply chain to improve efficiency and negotiate better terms.
Bullwhip Effect
describes the phenomenon where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
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