A Third Party Increases the Supply Chain Surplus If It

question 58

Multiple Choice

A third party increases the supply chain surplus if it aggregates the sourcing for many small players and facilitates economies of scale in ordering,inbound transportation and production.This is called

• A)capacity aggregation.
• B)procurement aggregation.
• C)information aggregation.
• D)relationship aggregation.

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Definitions:

Competing Values Framework

A model used to assess and understand organizational culture by categorizing it into four quadrants based on flexibility vs. control and internal vs. external focus.

Market Culture

An organizational culture where decision-making is driven by market mechanisms, such as competition and customer demands.

Highly Controlled

Describes an environment or situation where variables are strictly managed or regulated.

Symbols

Objects, figures, or colors used to represent ideas, concepts, or other entities.