Competition is triggered when different firms try to serve customer needs and demands
Indicate whether the statement is true or false
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Which of the following least supports the purpose of communication?
A) Providing data B) Providing information C) Providing inspiration D) Providing control E) Providing insight
What is the ability to view all areas up and down the supply chain in real time?
A. Bullwhip effect B. Demand planning software C. Supply chain visibility D. Supply chain execution software
For an organization, the value chain activity of "service" involves ________
A) managing the organization, including planning, finance, and legal affairs B) shipping products out of the organization C) providing its customers help related to its product before, during, and after a sale D) leveraging technical expertise to develop innovative products
WellMade Manufacturing is a large conglomerate that operates only in its home country. The company competes in industries like the consumer electronics, health care, hotel, airlines, education, and steel industries. Which of the following diversification strategies does this best illustrate?
A. geographic diversification B. process diversification C. market diversification D. product diversification