Describe the Four Changes Resulting Form Advances in IT That

question 83

Essay

Describe the four changes resulting form advances in IT that are driving supply chains.

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Definitions:

Lockouts

A labor relation strategy where employers prevent employees from working during a dispute, typically to enforce terms of employment.

Lost Profits

Lost profits are potential earnings that a business did not realize due to certain events, disruptions, or decisions that impacted its operations negatively.

Wage Income

The earnings received by individuals for their labor or services, typically calculated on an hourly, daily, or monthly basis.

Back-To-Work Order

A directive requiring employees who may have been on strike or not working due to other reasons to return to their duties.