Firms Such as VISA, MasterCard, IBM, Microsoft, and Netscape Have

question 111

Multiple Choice

Firms such as VISA, MasterCard, IBM, Microsoft, and Netscape have agreed to SET which stands for:

• A) Satellite Encrypted Transfer
• B) Strongly Encrypted Telecommunications
• C) Secure Electronic Transaction
• D) Smooth eFunds Transaction

Recognize and explain the bullwhip effect and its impacts on the supply chain.

Identify and describe the components of supply chain management (SCM).

Distinguish between push (make-to-stock) and pull (make-to-order) models in SCM.

Understand the role of logistics in SCM and how it relates to various SCM components.

---

Definitions:

First Nations

Indigenous peoples in Canada who are neither Inuit nor Métis, often associated with specific historical communities or territories.

Multicultural Nation

A country that recognizes, incorporates, and celebrates cultural diversity among its citizens.

Racialization

The method through which communities shape racial categories as genuine, distinct, and inequitable in aspects that are significant to the economic, political, and social spheres.

Internalized Racism

The personal acceptance of racial prejudices and stereotypes toward one's own ethnic group, often as a result of societal racism and discrimination.