The ________ Effect Occurs When Companies Order More Supplies Than

question 33

Multiple Choice

The ________ effect occurs when companies order more supplies than are needed due to a sudden change in demand.

• A) just-in-time
• B) roll-up
• C) bullwhip
• D) Doppler

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Definitions:

Personal Property

Assets or possessions that are movable and not permanently fixed to one location, unlike real property or real estate.

Creditor's Judgment

A legal decision awarded to a creditor, granting them the right to collect a specified amount of money from a debtor who has failed to fulfill their financial obligations.

Homestead Exemption

A legal provision that protects the value of a home from property taxes, creditors, and circumstances arising from the death of the homeowner's spouse.

Lien

A legal right or claim against a property as security for a debt or charge.