Information Distortion Is Exaggerated by the Fact That

question 16

Multiple Choice

Information distortion is exaggerated by the fact that

• A)supply chains today produce a large amount of product variety.
• B)supply chains today produce a small amount of product variety.
• C)the telephone effect is extreme in situations where technology is in use.
• D)different stages of supply chains send excessive data.

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Definitions:

Forecasting

The process of making predictions of the future based on past and present data and analysis of trends.

Business Strategy

A plan of action designed by organizations to achieve defined goals, compete in the market, and improve financial and market performance.

FA/Sales Ratio

A financial ratio that compares a company's fixed assets to its sales revenue, indicating how well assets are being used to generate sales.

Fixed Assets

Long-term tangible assets used in the operation of a business and not expected to be converted to cash in the short term.