ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Delivery time, quality, price, and product availability are elements included in
A
Supply Uncertainty
B
Demand Uncertainty
C
Internal Uncertainty
D
External Uncertainty
Explanation: 

Detailed explanation-1: -Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive.

Detailed explanation-2: -In terms of supply chains, uncertainty means changes in fulfillment and profitability caused by unpredictable events and in how difficult it is to make decisions when there is a lack of unambiguousness in the supply chain, meaning we have no way of knowing the status and impact of the actions we may take.

Detailed explanation-3: -Some of these factors may significantly increase the uncertainty in a supply chain network, but other frequent parameters of uncertainty are product demand, raw material prices, costs (energy, labor, production and transportation costs) and lead times.

There is 1 question to complete.