Which of the Following Is an Organisational Result from an Effective

question 23

Multiple Choice

Which of the following is an organisational result from an effective and efficient supply chain management system?

• A)Decrease the power of its buyers
• B)Create entry barriers thereby reducing the threat of new entrants
• C)Increase efficiencies while seeking a competitive advantage through cost leadership
• D) All of the answers are correct

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Definitions:

Dichotic Listening Studies

Experiments that involve presenting two different auditory messages simultaneously to each ear to study selective attention and language processing.

Shadowing Performance

A task in cognitive psychology where an individual repeats speech immediately after hearing it, used to study attention and language processing.

Kahneman's Model

A psychological theory attributed to Daniel Kahneman that distinguishes between two modes of thought: fast, intuitive thinking (System 1) and slower, more rational thinking (System 2).

Mental Resources

Cognitive capacities and energies available to an individual for processing information and solving problems.