The Primary Advantage of Using a Decision Matrix in the Decision

question 30

Multiple Choice

The primary advantage of using a decision matrix in the decision process is

• A) All relevant information can be displayed and viewed at the same time.
• B) The matrix clearly displays the flow of information.
• C) The matrix makes the decision for the individual or group.
• D) The matrix identifies all potential problems.

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Definitions:

Vertical Supplier

A supplier that operates within the same industry but at a different level of the supply chain, offering components or raw materials to manufacturers.

IT Gap

The discrepancy between an organization's current technological capabilities and the technology required to achieve its strategic objectives.

3PL Users

Individuals or companies that utilize third-party logistics providers to outsource elements of their distribution and fulfillment services.