In terms of Porter's Five Forces Model, explain the benefits an organization can receive from implementing an efficient and effective SCM system.
What will be an ideal response?
Decrease the power of its buyers, increase its own supplier power, increase switching costs to reduce the
threat of substitute products or services, create entry barriers thereby reducing the threat of new entrants,
increase efficiencies while seeking a competitive advantage through cost leadership.
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Experienced salespeople should assume product or service failure is always the user's fault.
Answer the following statement true (T) or false (F)
The company’s worst-case scenario is called a/an _____.
a. avenger b. evangelist c. complainer d. fighter
National Pollution Discharge Elimination System (NPDES) permits establish limits on the concentration and amount of various pollutants that can be discharged and require the discharger to keep records, to install equipment to monitor the discharges, and report the monitoring results to the state environmental agency.
Answer the following statement true (T) or false (F)
A team’s collective effort to purposefully understand antecedents and consequences associated with actions is:
a. team self-goal-setting b. team self-observation c. team self-reward d. team rehearsal