Question

Greenbelt construction has been a successful small home-building firm for years. the owner pays subcontractors slightly more than the usual rate for different tasks, reducing the company's gross margin. greenbelt rarely changes subcontractors, has relatively few complaints from home buyers, and is able to get quick responses from subcontractors when buyers do have problems. greenbelt is engaged in:________.
a. c2c value-driven marketing. b. value cocreation. c. a traditional transactional orientation. d. a virtual monopoly. e. effective supply chain management.

Answer 1

Answer:

E. Effective supply chain management

Explanation:

Effective supply chain management enables companies to improve product flow through accurate demand and sales forecasting and also improve inventory management to arrest the bullwhip effect and avoid underproduction. Effective supply chain management improves collaboration, quality control, efficiency rate, ability to keep up with demand, risk mitigation, cash flow and reduces oi overhead costs. Greenbelt is engaged in effective supply chain management.