According to the Text, It Has Been Argued That the Ultimate

question 88

Multiple Choice

According to the text, it has been argued that the ultimate goal of effective supply chain management systems is to:

• A) reduce costs.
• B) improve quality.
• C) reduce inventory.
• D) increase sales.
• E) increase standardization.

---

Definitions:

Majority Rule Voting

Majority rule voting is a decision-making process where the option that receives more than half of the votes cast is chosen.

Majority-Rule Voting

A voting system where the option that receives more than half of the votes wins.

Logrolling

A practice in politics where two or more parties agree to vote for each other's proposed bills or policies to ensure mutual benefit.

Transfer Payments

Cash payments made by the government to people who do not supply goods, services, or labor in exchange for these payments. They include Social Security benefits, veterans’ benefits, and welfare payments.