Other countries have faced inadequate infrastructure and untaught citizens about the market economy. Some countries also didn’t have laws in place to help support a market economy.
A supply chain is a group or combination of various
members like the retailers, distributors, and etc who works together with the
target of delivering a final product to a customer. I believe that a poor
forecast for a supply chain could be easily managed by other members in the
group because of the cancelling effect and the damages done are absorbed by the
others in some way. However in the case of a single organization, if the
forecast fails they have to manage it internally with no other resources
therefore it is more difficult.
Possible benefits of an effective supply chain management
are:
Achieves more accurate information together with the
ability to carry out better sales forecasting. Other benefits include creating stronger
partnerships and supplier networks, balancing out supply and demand, improving
business plans and working strategies, predicting transportation requirements, scheduling
daily operations of the company, making streamlined inventory management and reducing
irrelevant elements.
I believe the answer is: naturalistic observation
Naturalistic observation is being done without any form of variable manipulation from the researchers. The purpose of such observation is to make the result of the study represent the actual condition as close as possible. Usually only applicable for qualitative data.
