The Term Demand Chain Is Considered Limited Because It ________

question 129

Multiple Choice

The term demand chain is considered limited because it ________.

• A) advocates a make-and-sell view of the market that relies on a responsive supply network
• B) suggests that planning starts with raw materials, productive inputs, and factory capacity
• C) takes a step-by-step, linear view of purchase-production-consumption activities
• D) ignores the evolution of the global marketplace
• E) overlooks the needs of target customers

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Definitions:

Clothing

Clothing and items donned on the body, usually crafted from textiles or cloths.

Food

Consumable items produced through agriculture, farming, hunting, fishing, or food processing that individuals eat for nutrition and pleasure.

Perfectly Competitive Market

A theoretical market structure characterized by many buyers and sellers, homogeneous products, and no barriers to entry or exit, where all entities are price takers.

Knowledge

Information, understanding, or skills acquired through education or experience.