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Shortage gaming is the unethical practice of limiting production to force higher prices.
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∙ 10y ago
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How is chocolate shortage by 2020 connect with supply and demand?
There is no definitive evidence that there will be such a shortage
What is a sudden shortage of goods called?
Supply Shock
What happens when supply is greater than demand?
The price declines until demand increases.
Is shortage an adjective?
No, it is a noun. Shortage is a noun related to the adjective short, where it means in insufficient supply.
What is Green supply chain?
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What is a drastic shortage of anything?
Where something is in incredibly short supply. A good example is the '70s gas shortage.
What is shortage advertising?
when shortage in the supply of products occurs, advertising often disappears into the background. eg. petroleum
Necessity and objectives of SCM?
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
What is one effect of price ceiling?
shortage of supply
What is one effect of a price ceiling?
A shortage of supply
When the demand does not meet supply what is that called?
Overproduction or glut or excess supply or demand shortage
