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What Is the Term for the Joint Effort of All

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What is the term for the joint effort of all channel members to create a supply chain that serves customers and creates a competitive advantage?


Definitions:

Unemployment Rate

The portion of the labor market that is out of work and actively pursuing job opportunities.

Decades

Periods of ten years, used as a measure of time to describe longer trends in history, economics, or demography.

Cyclical Unemployment

This refers to unemployment that occurs due to fluctuations in the economy, often increasing during a recession and decreasing during an economic expansion.

Unemployment Rate

The fraction of the working population that is not employed and is on the lookout for work.

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