Which of the Following Is Most Likely a True Statement

question 17

Multiple Choice

Which of the following is most likely a true statement about supplying functional goods?

• A) Cost and quality are the main criteria when selecting suppliers.
• B) The risk of making forecasting errors is very high due to product variety.
• C) Demand cannot be reliably estimated so getting products to market is key.
• D) The greatest risk is missing the market with the wrong item at the wrong time.
• E) The opportunity cost of a stockout is very high, so lead times must be greatly reduced.

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Definitions:

Stem Cells

Undifferentiated cells with the potential to develop into many different cell types in the body, serving as a repair system for tissues.

Glands

Organs in the body that secrete hormones or other substances directly into the blood or onto a surface within or outside the body.

Neurons

are the basic working units of the brain, specialized cells that transmit information to other nerve cells, muscle, or gland cells.

Sex Hormones

Hormones that regulate the development and functioning of reproductive organs and that stimulate the development of male and female sexual characteristics; they include androgens, estrogens, and progesterone.