How Will Cloud Computing Impact Operations and Supply Chain Management

question 30

Essay

How will cloud computing impact operations and supply chain management?

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Definitions:

Collective Task

A task designed to be completed by a group of individuals working together, requiring cooperative effort and coordination.

Wisdom of Crowd

The collective opinion of a group of individuals rather than that of a single expert, often leading to more accurate conclusions or predictions.

Averaging Judgments

The method of combining multiple opinions or estimates to produce a single, more reliable judgment, often used in decision-making processes.

Ringelmann Effect

A phenomenon where individual productivity decreases as the number of people in a group increases.