If an SOW Is Used as Part of a Contract

question 63

Short Answer

 If an SOW is used as part of a contract to describe only the work required for that particular contract, it is called a(n) _____.

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Definitions:

Supply Chain Responsiveness

The agility of a supply chain in adapting and responding to changes in demand, supply, and other external factors.

Implied Uncertainty

The level of risk or doubt inherent in decision-making due to lack of precise information.

Supply Chain Strategy

A plan that outlines how a company will manage its supply chain to achieve competitive advantage and meet customer demand efficiently and effectively.

Strategic Fit

The alignment between an organization's resources and capabilities with the external environment to achieve its strategic objectives.