Which of the Following Is Not a True Statement About

question 14

Multiple Choice

Which of the following is not a true statement about value webs?

• A)Value webs involve a collection of independent firms that use information technology to coordinate their value chains.
• B)Value webs are more customer-driven than traditional value chains.
• C)Value webs operate in a less linear fashion than traditional value chains.
• D)Value webs are inflexible and cannot adapt quickly to changes in supply and demand.
• E)Value webs involve highly synchronized industry value chains.

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Definitions:

Distribution

In statistics, the arrangement of values of a variable showing their observed or theoretical frequency of occurrence.

Normal Distribution

A bell-shaped distribution characterized by its mean and standard deviation, where the majority of data points are concentrated around the mean.

Quality Control Manager

A professional responsible for ensuring that products meet predetermined standards of quality through testing and inspection processes.

Probability

The measure of the likelihood that an event will occur, represented as a number between 0 and 1.