The answer to this question is Risk;Resources
The risk levels will affect your choice in choosing the market because the higher the risk levels, the fewer competition you will tend to face.
The resource requirements, on the other hand, affect your choice by considering which product could be produced in your area that has a competitive advantage compared to other products
Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.
<h3 /><h3>Supply Chain Management: What Is It?</h3>
- All procedures that convert raw materials into finished commodities are included in supply chain management, which controls the movement of both goods and services.
- Because all supply chains are inherently unpredictable, businesses must employ supply chain management to make decisions about their supply chains.
- Businesses can reduce unnecessary expenses and deliver goods to customers more quickly and effectively by using supply chain management.
- Creating a strategy, locating raw materials, production, distribution, and returns are the top five aspects of supply chain management.
Learn more about Supply Chain Management here:
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Answer:
Departmentalization
Explanation:
The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc
It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives
Therefore, as per the given situation, the most appropriate answer is departmentalization
C because when you want something less they make it cheaper hoping you’ll want it more. McDonald’s coffee is cheaper then Starbucks making it a bargain and poor people want it
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