Lack of Knowledge,uncertainty,and Lack of Trust Between People and Organizations

question 26

True/False

Lack of knowledge,uncertainty,and lack of trust between people and organizations are some primary obstacles preventing organizations from sharing information with supply-chain partners,as well as among coworkers.

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Definitions:

Quick Response Systems

Technologies or methodologies focusing on reducing lead times and enhancing efficiency in operations, often in a supply chain or manufacturing context.

Efficient Consumer Response Systems

A strategy used in the retail industry to improve the supply chain's responsiveness to consumer needs through better data sharing and management.

Order Replenishment Systems

Systems designed to manage and automate the process of restocking products or materials to meet customer demand without overstocking.

Self-discrepancy Theory

A theory suggesting that psychological distress and emotional discomfort arise from discrepancies between one's actual self, ideal self, and ought self.