The correct answer is letter b. delusion.
Delusion refers to the false personal belief, wherein an individual believes in his or her knowledge yet does not believe others, though they are right and have sufficient evidence. Being delusional may be cause by the lack of evidence or incomplete knowledge and wrong perception of things.
Potential career paths in operations and supply chain management include an analyst, who uses analytical and quantitative methods to understand, predict, and improve processes within the supply chain.
A supply chain is the network of businesses, individuals, tasks, information, and resources used to deliver goods or services to customers.
Natural resources, raw materials, and components are transformed into completed goods as part of supply chain activities, and the finished goods are then delivered to the final consumer.
Used goods may re-enter the supply chain in complex supply chain systems at any point where the residual value is recyclable. Linking value chains are supply chains.
In a supply chain, suppliers are frequently ranked according to "tier," with first-tier suppliers providing goods directly to customers, second-tier suppliers providing goods to the first tier, and so on.
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I agree with the answer above, A and B are definititly not true, and D was abit if-fy. C and E however were pretty clear choices to be right answers. So I would go with C and E.
In a market economy the production is determined not by someone's decision <em>(which can be wrong, and a wrong decision is the reason why there there are unwanted goods or a lack of wanted goods) </em>but it is regulated by the supply and demand: if there is a need for a good, it will be produced, and if there is no need for something, its production will halt and there will not be an unwanted storage.
In short, in a market economy, the economy itself regulates this.
