ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a factor affecting the supply chain?
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Reduced number of suppliers
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Increased competition
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Longer product life cycles
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Increased opportunities to strategically use technology
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Explanation:
Detailed explanation-1: -As a product proceeds through its life cycle the demand characteristics change. There has to be a consequential requirement to change the supply chain strategy to maintain competitiveness. Hence the direct relevance of the focused supply chain in optimally matching product to pipeline.
Detailed explanation-2: -Pandemics. Natural Disasters. Logistics Delays and Failures. Price Fluctuations. Cyberattacks. Product Problems. 27-Dec-2022
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