Overview SC - W2

In a lively business class, James was challenged with a question: Which of the following is NOT one of the six major external change drivers?

• Technology

• Globalisation

• Market Competition

• Sustainability

In a lively business management class, Isabella and Charlotte were enthusiastically debating the key change drivers in today's dynamic organizations. Can you identify one of the six major change drivers that involves shifts in authority and structure within organizations?

• Empowered Consumers

• Organisational Consolidation and Power Shift

• Globalisation

• Technology

In a lively class debate on globalisation, Sophia and Lucas were brainstorming challenges. Can you guess one of the major hurdles of globalisation they discussed?

• Decreased economic risk

• Longer product life cycles

• Faster duplicability of products & services

• Simplified organisational boundaries

In a lively class debate, Anaya excitedly pointed out that one of the intriguing effects of globalisation is:

• Decreased political risk

• Higher risk of obsolescence

• Reduced need for new pricing policies

• Shorter supply chain challenges

William and Eesha are having a lively debate about the wonders of globalisation. What do they agree that globalisation tends to increase?

• Economic stability

• Political stability

• Economic and political risk

• Product life cycle duration

Mia and Harper are diving into the world of supply chain management. What intriguing supply chain challenge did they discover in their class?

• Decreased scope of outsourcing

• Simplified supply chain processes

• Growth and increased scope of outsourcing

• Reduced complexity in supply chains

Lucas and his friends, Samuel and Aarav, are on a quest to uncover the secrets of technology's impact in the marketplace. What exciting role does technology play according to their research?

• It slows down internal processes.

• It is a facilitator of internal process and supply chain transformation.

• It has no impact on the marketplace.

• It only affects social networks.

Imagine you're a student like Mia or Liam. How does the Internet sprinkle a bit of magic into your daily life according to the document?

• It disconnects people from the marketplace.

• It is only available during business hours.

• It keeps people "connected" 24/7.

• It has no impact on supply chains.

Imagine you're running Harper's online store, and Mira and Noah are your top customers. How do social networks spice up your business world according to the document?

• They decrease customer demand.

• They slow down information transfers.

• They impact customer demand and the speed of information transfers.

• They have no effect on the marketplace.

Harper and Aiden are on a quest to discover how the world's "knowledge pool" connection opens up exciting opportunities. What kind of opportunities does it unveil?

• It limits collaboration in supply chains.

• It provides opportunities for collaboration in supply chains.

• It has no effect on supply chains.

• It only affects social networks.