Answer:
is based on the concept of just-in-time.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services from the manufacturers to the consumers.
Additionally, all businesses tend to use supply chain management to eliminate waste and maximize value for growth and development.
Hence, supply chain management is based on the concept of just-in-time (JIT) because it is a management framework that is focused on cutting manufacturing costs while increasing efficiency between suppliers and consumers through the use of a proper inventory system.
The reason why many investors are turning to independent advisors instead of large wall street firms is because they are offered more flexibility in investment options.
<h3>Why are people choosing independent advisors?</h3>
Independent advisors do not have to worry about a certain corporate policy or the interest of their shareholders because they have none.
This allows them to offer more investment options to people thereby allowing them the flexibility to pick the investment choices they prefer.
Find out more on independent advisors at brainly.com/question/16033676
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<u>Benefits of Indirect distribution channel:</u>
An indirect channel of distribution normally includes an item going through extra strides as it moves from the assembling industry by means of merchants to wholesalers and afterward retail locations. Some benefits of Indirect distribution channel are:
- They access an expanded buyer base without the test of getting the client through the entryway.
- This awards more opportunity to concentrate on their item, their client base and expanding the scope of their objective buyer.
- It will make simpler for clients to discover your items.
- There is additionally an imperative on the organization's opportunity to set costs.
- It profits by your outsider's understanding, foundation, and salesforce.
- Web based shopping takes into account expanded straightforwardness, which is a gigantic factor for purchasers hoping to look at surveys or quest at the most reduced cost.
- This stays away from the multifaceted nature of overseeing appropriation coordinations.
The answer is the last choice above which is the principle
of distributive justice. It is because this principle should follow of having
to not harm others, especially the less or least fortunate in any forms or in
any means that will inflict harm to them.