MATCHING Complete the Following Using the Terms Listed

question 71

Multiple Choice

MATCHING
Complete the following using the terms listed.
-_______________describe(s) the complete sequence of suppliers that contribute to creating a good or service and delivering it to business users and final consumers.

• A)Marketing intermediary
• B)Test marketing
• C)Brand insistence
• D)Product life cycle
• E)Brand name
• F)Wholesaler
• G)Trademark
• H)Product
• I)Convenience products
• J)Product line
• K)Supply chain
• L)Logistics

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Definitions:

Supply Chains

Networks connecting suppliers, manufacturers, distributors, and retailers, facilitating the production and delivery of goods to consumers.

=MAPE Function

Stands for Mean Absolute Percentage Error, a statistical measure used to assess the accuracy of forecasting models.

Mean Absolute Percent Error

A measure of prediction accuracy in statistics, representing the average of the absolute percentages of errors between predicted and observed values.

Strategic And Planning Decisions

High-level decisions that shape the overall direction and objectives of an organization, involving long-term planning and allocation of resources.