ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Supply and demand has become less volatile as managers become more adept at controlling the elements
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Volatility, uncertainty, complexity and ambiguity are the four major causes of demand variability. For many supply chain leaders, this presents the enormous and potentially costly challenge of dealing with what’s known as the ‘bullwhip effect’.
Detailed explanation-2: -The importance of supply chain management tends to increase with the globalization of markets and the increasing complexity of product and service offerings.
There is 1 question to complete.