See the Operations Profile on Zara

question 34

Multiple Choice

See the operations profile on Zara.The secret to Zara's success is a well-developed supply chain that includes ______.

• A)the firm's hand-picked employees
• B)the firm's design and manufacturing center
• C)the firm's sources of capital
• D)providers of high-quality raw materials

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Definitions:

Uncertainty

Refers to the degree of unpredictability or the lack of certainty about the future, often affecting decision-making in finance and economics.

Random Fluctuations

Unpredictable changes or variations that can affect statistical data and outcomes.

Cash Flows

The generation and use of cash by a business during a defined period of time, instrumental for assessing the company's liquidity, solvency, and financial flexibility.

Carrying Costs

Expenses associated with holding or storing inventory, including insurance, storage, and loss through obsolescence.