A Demand-Driven Value Chain Is Considered to Be a Global

question 34

Multiple Choice

A demand-driven value chain is considered to be a global supply chain that is organized according to all the following overlapping areas of responsibility except

• A)supply management.
• B)demand management.
• C)product management.
• D)process management.

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Definitions:

Strategic Alliance

A long-term partnership between two or more organizations to pursue a set of agreed upon objectives while remaining independent organizations.

Organizational Cultures

The shared values, beliefs, and practices that influence how people behave in organizations.

Markov Analysis

A statistical technique used to predict the future state of a variable based on its current state and historical transition probabilities.

Succession Planning

The process of identifying and preparing suitable employees through mentoring and training to replace key players within an organization when they leave.