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Which of the Following Is Likely to Be Experienced by Suppliers

question 225

Multiple Choice

Which of the following is likely to be experienced by suppliers using a just-in-time (JIT) delivery system?


Definitions:

Data

Factual information used as a basis for reasoning, discussion, or calculation; often numeric, it can be analyzed to inform decisions.

Benefits

Benefits describe the positive outcomes or advantages that a product or service provides to a consumer, contributing to the satisfaction of their needs or wants.

Generic Competition

The competition that occurs when generic products or services compete with branded ones, typically offering similar benefits at lower costs.

Basic Need

Essential requirements for human survival and well-being, such as food, water, shelter, and clothing.

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