Which of the Following Is Not One of the Five

question 276

Multiple Choice

Which of the following is not one of the five basic components of supply chain management?

• A)plan
• B)source
• C)sale
• D)deliver

---

Definitions:

Representativeness Heuristic

A cognitive bias in decision making, where the likelihood of an event is assessed based on how similar it is to a typical case.

Satisficing Heuristic

A decision-making process that seeks a satisfactory solution rather than an optimal one.

Decision-making Condition

Describes the environment or circumstances under which decisions are made, including factors like uncertainty, risk, clarity of information, and complexity.

Risk

The possibility of loss or injury, or the exposure to the chance of such uncertainties.