The Internet of Things (IoT)is Expected to Drive Value in the Supply

question 7

Multiple Choice

The Internet of things (IoT) is expected to drive value in the supply chain and logistics disciplines through enhanced customer interactions and ___________.

• A)improved order management techniques
• B)faster transit times
• C)reduced warehousing requirements
• D)improvements in employee productivity

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Definitions:

Syndicate Buys

Refers to a group of investors or underwriters pooling together to buy the entire or a large portion of a new securities issue for resale.

Dutch Auction

A method of public offering in which the price of the offering is set after taking in all bids and determining the highest price at which the total offering can be sold.

Competitive Bidding

Competitive bidding is a procurement process where several suppliers or contractors submit their bids to win a contract for providing goods or services, ensuring transparency and fairness in the selection process.

Offer Price

The price at which a seller is willing to sell a security or commodity.