In Hau Lee's Uncertainty Framework to Classify Supply Chains,a Supply

question 35

Multiple Choice

In Hau Lee's uncertainty framework to classify supply chains,a supply chain that has innovative products and a stable supply process is called which of the following?

• A)Efficient
• B)Forward looking
• C)Agile
• D)Risk hedging
• E)Responsive

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Definitions:

Shared Economy

An economic model based on sharing, renting, or borrowing goods and services rather than owning them, facilitated by peer-to-peer platforms.

Virtual Marketplaces

Online platforms where buyers and sellers meet to exchange goods, services, or information, often transcending geographical and physical boundaries.

Car Rental

A service industry that offers temporary usage of vehicles for a specified period, typically catering to travelers.

Prospective Renters

Individuals who are in the process of or considering renting property, including apartments, houses, or commercial spaces.