When Participating in Major Projects in College Marketing Classes,effective Teams

question 281

Multiple Choice

When participating in major projects in college marketing classes,effective teams can use a ________ to be sure that each team member does a fair amount of work and that class projects are finished efficiently and on time.

• A)market-product grid
• B)project schedule
• C)Plan-A-Gram
• D)Gantt chart
• E)sales response function

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Definitions:

Bullwhip Effect

A phenomenon in supply chains where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.

Order Size

The quantity of goods a company purchases or produces in a single order to meet its demand while minimizing costs.

Disaster Risk

The likelihood of loss of life, injury, or destruction and damage from a disaster in a given period.

Suppliers

Entities that provide goods or services to another entity, typically within a supply chain, to assist in the production of final products or services.