According to the Textbook,why Have Many Canadian Dynasties Failed

question 143

Multiple Choice

According to the textbook,why have many Canadian dynasties failed?

• A)because their heirs were incapable of managing the business
• B)because they did not monitor the external environment
• C)because they expanded too quickly into global markets
• D)because they were unaware of anticipated mergers and acquisitions

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Definitions:

Bullwhip Effect

A phenomenon in supply chain management where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.

Supply Chain

The supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Buffer Inventory

Inventory kept in reserve to protect against unforeseen supply or demand fluctuations.

Supply Chain Inventory

This is the total of all the goods and raw materials held by different companies participating in the supply chain from production to the sale of the final product.