Answer:
The correct answer that fills the gap is: Supply Chain Management.
Explanation:
To complement the definition, supply chain management (SCM) tracks materials, information and finances during the process that goes from the supplier to the manufacturer, the wholesaler, the retailer, and the consumer. Supply chain management involves the coordination and integration of these flows, both within the same company and between different companies. It is said that the main objective of any effective supply chain management system is the reduction of inventories (assuming that the products are available when necessary). To offer optimal supply chain management solutions, there are currently sophisticated software systems with Web interfaces competing with Web-based application service providers (ASP) that are committed to providing part or all of the SCM service to Companies that hire their services.
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One advantage of training is that it can enhance employees' skillset within the organisation overall. A disadvantage is that training can be costly especially if employees leave taking their skills elsewhere.
Answer:
The solar system can be a metaphor for micro and macroeconomics in the real world.
Explanation:
There are several physical systems in the real world that can act as a metaphor for micro and macroeconomics. The solar system, for instance, can perfectly serve as a metaphor for micro and macroeconomics. The study of a single planet in the solar system can be microeconomics or the study of the solar system in the galaxy is macroeconomics. While the study of the galaxy as a whole will be macroeconomics.
Answer:
(A) Successive price changes are independent of each other
Explanation:
Random walk theory claims that past information and trends cannot be used to predict future price movement of the stocks since as per the theory, stock price movements are unpredictable and walk(move) randomly.
The theory further suggests that stock prices have same distribution and are independent of one another. It means there is no correlation between price movements of two different stocks.
Thus, Stock prices follow a random walk implies that successive price changes are independent of each other.
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the ans is to the passengers or the person who was driving.
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