Which of the Following Is Not One of the Factors

question 16

Multiple Choice

Which of the following is not one of the factors driving an emphasis on supply chain management?

• A) An increasing emphasis on domestic sourcing due to the longer lead times and higher levels of pipeline inventories associated with global sourcing.
• B) The cost and availability of information resources among entities in the supply chain that allow easy linkages that eliminate time delays in the network.
• C) The level of competition in both domestic and international markets that requires organizations to be fast, agile, and flexible.
• D) Customer expectations and requirements that are becoming more demanding.
• E) The ability of an organization's supply chain to react rapidly by managing risk disruptions in both supply and downstream product or services to mitigate the impact on lost sales.

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Definitions:

Wage Rate

The amount of compensation a worker receives per unit of time (hourly, weekly, etc.) or per unit of output.

Workers Demanded

The number of employees that employers are willing to hire at a given wage rate within a specific period.

Labor Demand Curve

A graphical representation showing the relationship between the quantity of labor demanded by employers and the wage rate.

Elastic

A term in economics describing a situation in which the demand or supply for a good or service dramatically changes in response to price changes.