Demand Chain Management Tries to Match Supply and Demand

question 15

True/False

Demand chain management tries to match supply and demand.

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Definitions:

Maslow's Hierarchy

A psychological theory that categorizes human needs into five levels, from basic physiological needs to self-actualization, suggesting that higher-level needs emerge as lower-level needs are satisfied.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Behavior

The actions or reactions of an individual or system in response to external or internal stimuli.

Persuade

The act of inducing one to do something through reasoning or argument.