Asked by
Jamie Trevino
on Oct 18, 2024
Verified
Understanding the impact of incentives on the actions of a supply chain partner is especially important when
A) there are two or more members in the supply chain.
B) the third party's actions are not fully observable.
C) more than two firms competing for the same pool of customers.
D) the supply chain uses outsourcing.
Incentives
Rewards or benefits, often used to encourage specific actions or behaviors from individuals or organizations.
Supply Chain Partner
A business entity involved in the supply chain operations, which may include suppliers, manufacturers, distributors, retailers, and customers.
- Understand the principles of supply chain management and the impact of supply chain decisions on the profitability and efficiency of businesses.
Verified Answer
SP
Learning Objectives
- Understand the principles of supply chain management and the impact of supply chain decisions on the profitability and efficiency of businesses.