Answer:
The correct answer is False.
Explanation:
Integrated business planning (IBP), which consists of synchronizing commercial, financial and supply chain plans in a single holistic administrative process, is vital to meet the evolving requirements of modern supply chains. An advanced form of sales and operations planning (S&OP) is the IBP that is increasingly being adopted in the manufacturing, distribution and service sectors. Companies that implement IBP programs in a strategic way generally exceed 20% of gross margin on average to companies that apply S&OP in a more tactical and less integrated way.
Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.
<h3 /><h3>How can you decrease inflation?</h3>
Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.
This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.
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The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.
<h3>What is GDP?</h3>
The gross domestic product stands as a monetary measurement of the market value of all the final goods and services produced in a distinctive period by countries. Due to its complex and subjective nature, this measure exists often revised before being deemed a reliable indicator.
Gross domestic product (GDP) stands for the total monetary or market value of all the finished goods and services constructed within a country's borders in a typical period. GDP measures the worth of the final goods and services produced in the United States (without double counting the middle goods and services used up to produce them).
The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.
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