An Important Part of the Technology of Supply Chains Is

question 83

Multiple Choice

An important part of the technology of supply chains is the means by which _____ are able to know where things are located.

• A)suppliers
• B)producers
• C)customers
• D)all of the above

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Definitions:

Advantages

Benefits or favorable aspects that contribute to achieving success in a certain context, often used to compare options in decision-making processes.

Agency Costs

Agency costs arise from conflicts of interest between managers and shareholders, leading to expenses that do not necessarily benefit the shareholders.

Market Share

The portion of a market controlled by a particular company or product, expressed as a percentage of total sales volume in a particular industry.

Salary Incentives

Salary incentives are additional compensation above base salary offered to employees as a motivation to exceed performance targets or achieve specific objectives.