After Struggling with the Training, Sachin Is Unsure Whether He

question 14

Multiple Choice

After struggling with the training, Sachin is unsure whether he can complete the end-of-year financial reporting with minimal errors in the time allotted at his new job.In this case, Sachin is low on the ______ element of expectancy theory.

• A)valence
• B)expectancy
• C)outcomes
• D)instrumentality
• E)performance

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Definitions:

Replenishment Lead Time

The time required to order, process, and deliver a shipment of goods from the supplier to the retailer, crucial for inventory management.

Safety Inventory

Extra inventory held to protect against stockouts caused by variations in demand or supply, serving as a buffer to ensure customer service levels.

Supplier Services

The range of services provided by suppliers to support their products, including delivery, installation, and maintenance.

Bulk Purchase

The acquisition of goods in large quantities, often at a reduced price, typically for the purpose of resale or large-scale operations.