Construct a Perceptual Map to Explain the Differences Between Sports

question 27

Essay

Construct a perceptual map to explain the differences between sports and other entertainment choices.

---

Definitions:

Demand Chain

The network of resources and processes involved in driving customer demand for products and services, as opposed to the traditional supply chain.

Demand Management

Strategies and practices aimed at forecasting, planning, and influencing customer demand to optimize supply chain and resources.

External Balancing

A strategy implemented to match supply and demand by adjusting capacity externally, often through outsourcing or partnerships.

Production Flexibility

Refers to a company's ability to quickly adjust its production levels and processes to accommodate changes in market demand or to exploit new market opportunities.