Question

integrated business choices that recognize trade-offs in a shifting business landscape often lead to positive economic outcomes. true false

Answer 1

True, integrated business choices that recognize trade-offs in a shifting business landscape often lead to positive economic outcomes because the goal of integrated business planning (IBP) is to link the planning activities of all departments within an organization in order to match operations and strategy with financial performance.

Integrated Business Planning: What Is It?

Integrated business planning [IBP] appears to be a procedure for coordinating a company's financial, supply chain, product development, marketing, and other operational goals with those goals. Consider companies that provide cars with parts and must continually adapt their operations to account for design changes, or consider food producers who operate on razor-thin margins and must manage both erratic supply chains and volatile consumer tastes.

When there is a delay, a rival is ready to take that business. Keep customers by moving rapidly but haphazardly, but at the penalty of greater cost of goods sold (COGS) and worse profitability.

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