Asked by Javier Lopez on Jul 13, 2024
Verified
Which one of the following is NOT one of the six major supply strategy areas:
A) competitive-edge strategies.
B) environmental-change strategies.
C) risk-management strategies.
D) new-product development strategies.
E) cost-reduction strategies.
Competitive-Edge Strategies
Tactics and approaches utilized by companies to gain a superior position in the marketplace and outrun their competitors.
Environmental-Change Strategies
are approaches organizations adopt to adjust and thrive in response to changes in the external environmental factors.
Risk-Management Strategies
Approaches and practices for identifying, assessing, and mitigating risks to minimize their impact on an organization.
- Pinpoint the six essential aspects of supply strategy and their significance.
Verified Answer
Learning Objectives
- Pinpoint the six essential aspects of supply strategy and their significance.
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