Incentives That Focus Only on the Local Impact of an Action

question 59

Multiple Choice

Incentives that focus only on the local impact of an action result in decisions that

• A) do not maximize total supply chain profits.
• B) maximize total supply chain profits.
• C) minimize total supply chain profits.
• D) minimize total supply chain cost.
• E) none of the above

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Definitions:

Scientific Observation

The systematic process of gathering data from the environment in a methodical manner to gain insight and understanding.

Qualitative Approach

A research strategy focused on understanding phenomena through the analysis of non-numerical data, such as words, images, or objects.

Citizens' Reactions

Refers to the responses or behavior of individuals in a community or society to particular events, policies, or situations.

Proposed Airport

A planned or suggested site for the construction of an airport, often in the early stages of development and subject to regulatory and environmental assessments.