An effective company strategy results when combining innovative products with:
An effective company strategy results when combining innovative products with:
An effective company strategy for innovative products typically requires a responsive supply chain. Innovative products often have unpredictable demand, and a responsive supply chain is designed to quickly adapt to changes and fulfill customer needs efficiently. This flexibility is crucial for managing the uncertainties associated with innovative products.
I think the answer should be B. Functional products (predictable demand) need Efficient SC. Innovative products (unpredictable demand) need Responsiveness.
I agree! The correct answer should be B - a responsive supply chain for innovative products.
The correct answer is (B) as efficient SC is applicable to the functional product while innovative products need responsive SC ( quick delivery).
Correct Answer is B. For innovative products, responsive SC is used.
The correct answer is A: since the responsive supply chain is a part of the efficient supply chain efficient supply chain more comprehensive than only responsive supply chain which needed to fast response in the demand variables for the innovation products
correct Answer is B/Effective and responsive