Discuss the Concept of a System and the Issues of Goal

question 85

Essay

Discuss the concept of a system and the issues of goal conflict and goal congruence.

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Definitions:

Materials Management

The function responsible for planning, sourcing, moving, and storing materials required to produce goods and services.

Physical Supply

The actual, tangible products and raw materials available in the market or held by a company.

Internal Balancing

A strategy where a state increases its own power in order to counter the power of potential adversaries.

Inventory Flexibility

The ability of a supply chain to quickly adjust its inventory levels in response to shifts in demand, product variety, and market dynamics.