Which of the Following Is a Principle of Supply Chain

question 22

Multiple Choice

Which of the following is a principle of supply chain management?

• A) Customize the logistics network and focus intensively on the service requirements
• B) Listen to signals of market demand and plan accordingly
• C) Segment customers by service needs and then tailor services to those particular segments
• D) All of the above

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Definitions:

Market Segments

The groups of consumers who have shared characteristics and similar product needs.

VALS Framework

A psychographic tool that classifies consumers into eight categories based on their responses to a questionnaire, used for market segmentation.

Consumer Groups

Collections of individuals or organizations that act together to advocate for the rights and interests of consumers.

Different Behaviors

Varied actions or reactions of individuals in response to external or internal stimuli, differing across contexts or situations.