Consumer Behavior,_____________,competition,and Speed Are the Four Changes Resulting from Advances

question 13

Short Answer

Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.

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Definitions:

Situation Analysis

A detailed examination of the internal and external factors affecting an organization or project, used to inform strategic planning and decision-making.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Social Change

Significant alterations over time in behavior patterns, cultural values and norms, and societal structures.

Business Value

The importance or worth that a company or project brings to stakeholders, including financial profitability, brand reputation, and customer satisfaction.