Examlex
All of the following are true
Uncertainty
The state of having limited knowledge about an existing situation, making it difficult to predict outcomes accurately.
Quick Response
A strategy that focuses on reducing lead times across various stages of the supply chain to meet customer demand rapidly.
Supply Chain
The interconnected sequence of processes involved in the production and distribution of a commodity, from raw materials to end-user delivery.
Distributor
An intermediary entity between the producer of a product and another entity in the distribution channel or supply chain, such as a retailer or end consumer.
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