What Is the Outsourcing Option That Includes the Most Remote

question 119

Multiple Choice

What is the outsourcing option that includes the most remote location and indirect customer control?

• A) Onshore outsourcing
• B) Nearshore outsourcing
• C) Offshore outsourcing
• D) None of these choices

Understand the foundational elements necessary for successful collaborative planning, forecasting, and replenishment (CPFR) in supply chains.

Understand the concept and disadvantages of vendor-managed inventory.

Comprehend the importance of forecasting in retail, specifically for high fashion, and the various approaches used.

Grasp the principles and benefits of Collaborative, Planning, Forecasting, and Replenishment (CPFR) in supply chains.

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Definitions:

Mere Exposure Effect

A psychological phenomenon in which people tend to develop a preference for things merely because they are familiar with them.

Cognitive Dissonance

The psychological unrest felt by an individual who simultaneously maintains two or more conflicting beliefs, ideas, or values.

Door-In-The-Face

A persuasion technique whereby a large, unreasonable request is first made knowing it will be refused, so that a smaller, more moderate request is more likely to be accepted.

Foot-In-The-Door

A compliance tactic that involves getting a person to agree to a large request by first setting them up by having that person agree to a modest request.