What Are the Information Needs at the Four Levels (Execution

question 47

Essay

What are the information needs at the four levels (execution and transaction processing, routine decision making, tactical planning, and strategic decision making)of supply chain activity?

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Definitions:

Mitigate

To make less severe, serious, or painful; often used in the context of reducing risk or harm.

Defined Benefit Plan

A type of pension plan where the employer promises a specified pension payment upon retirement, based on an employee's earnings history, tenure of service, and age.

Defined Contribution Plan

A type of retirement plan where the amount contributed to the plan is specified, but the benefit received at retirement depends on the plan's investment performance.

Endowment Fund

A fund established by a foundation, institution, or individual, where the principal amount is kept intact while the investment income is available for use.