The Major Value-Creating Capabilities and Skills of the Organization Are

question 129

Multiple Choice

The major value-creating capabilities and skills of the organization are knows as ______________.

• A) core competencies
• B) human resources
• C) financial resources
• D) leadership expertise
• E) training and development programs

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Definitions:

Safety Inventory

Additional stock kept to mitigate the risk of stockouts and production halts due to fluctuations in demand and supply chain disruptions.

Supply Chain Manager

An expert in charge of supervising and directing the strategy and operations of a corporation's supply chain and logistics.

Replenishment Cycle

The recurring process of restocking sold-out or used products in inventory to maintain a desired stock level.

ESC (Expected Shortage per Cycle)

A metric used in inventory management forecasting the expected stockout quantity for a given inventory cycle, aiding in optimization and planning.