All Members of the Supply Chain Should Determine Their Position

question 213

Multiple Choice

All members of the supply chain should determine their position in the chain, identify their partners and their roles, and establish partnerships whose focus is

• A)shifting costs to suppliers.
• B)maximizing costs.
• C)maximizing technology implementation.
• D)cooperation with competitors.
• E)customer relationships.

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Definitions:

Capital-Using Technologies

Innovations that increase the efficiency of capital usage, often leading to higher productivity but possibly requiring more initial investment.

Capital-Saving Technologies

Innovations that allow for the same level of production using fewer inputs of capital, usually leading to cost savings and increased efficiency.

Demographic Transition

describes the transformation of a country’s population structure as it progresses from high birth and death rates to low birth and death rates, often as part of economic development.