Which of the Following Is NOT a Response to Managing

question 68

Multiple Choice

Which of the following is NOT a response to managing challenges in the supply chain?

• A)Supply chains are being broken up into smaller fragments to make them more flexible.
• B)Manufacturing facilities are reconfigured to focus on a narrower scope of production.
• C)There is a reduction of outsourcing.
• D)There is a reduction of offshoring.

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Definitions:

Optimal Bundle

The combination of goods and services that maximizes an individual's utility given their budget constraint.

Original Prices

The initial cost or value of goods and services before any discounts, markdowns, or adjustments.

Utility Function

A mathematical representation in economics that reflects consumer preferences, assigning a value to each possible bundle of goods.

Price Increase

A rise in the cost of goods or services in an economy, often measured by indices such as the Consumer Price Index (CPI).