In an Administered VMS, Informal Coordination Brings About a High

question 174

Multiple Choice

In an administered VMS, informal coordination brings about a high level of inter-organizational management. Nonetheless,

• A) decision making does not take into account the goals of the system.
• B) the channel members do not remain autonomous.
• C) the decision making is not coordinated.
• D) the channel members remain autonomous.
• E) the goals of the individual firms are not congruent with the goals of the system.

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Definitions:

Satisfaction Level

A measure of how well goods or services meet or surpass customer expectations.

Quantity

Quantity refers to the amount or number of units of a product or service offered for sale or consumed.

Budget Constraint

A representation of all the combinations of goods and services that a consumer may purchase given current prices within his or her given income.

Slope

A measure of the steepness or gradient of a line, representing the ratio of the vertical change to the horizontal change between two points on the line.