Because supply chain strategy is based on the collective effort of a number of firms, no one firm in the chain gains a competitive advantage
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Supply chain strategy is based on the idea that members of the chain will gain competitive advantage by working as a coordinated unit.
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Which of the following has no intermediaries and operates strictly from producer to end-user consumer or business user?
A. physical distribution B. virtual network C. direct channel D. exclusive distribution E. indirect channel
Battery committed by an agent in the principal's premises and during the scope of employment is considered an unintentional tort
Indicate whether the statement is true or false
How are profits and losses shared in the absence of a limited partnership agreement?
A) Profits and losses are shared equally among all partners. B) Profits and losses are shared equally among general partners and unequally among limited partners. C) Profits are shared equally among all partners, losses are shared based on the value of each partner's capital contribution. D) Both profits and losses are shared on the basis of the value of each partner's capital contribution.
Describe the difficulties encountered in standardizing the marketing mix globally.
What will be an ideal response?