Which of the Following Is Part of the External Environment

question 37

Multiple Choice

Which of the following is part of the external environment for a distributor of aquariums and everything needed to set up aquariums including tropical fish and plants?

• A)Employees who care for the fish before they are sold to retailers
• B)Competitors who carry the same aquarium equipment
• C)The financial resources needed to create the proper environment for breeding the fish
• D)The participative organizational culture the distributor has
• E)The distributor's privately-owned warehouse for storing the aquarium equipment

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Definitions:

Vizio's Supply Chain

The network of suppliers, manufacturers, and logistics providers Vizio uses to produce and distribute its electronics products.

Few Suppliers

A procurement strategy where a company relies on a small number of suppliers for the provision of certain goods or services, often to increase quality control and build strong relationships.

Postponement Technique

A supply chain management strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and better match customer demand.

Reduction

The process of decreasing or lessening something in size, amount, or degree.