Supply chains can influence demand by using

Question

Quizplus · Accepted Answer

Supply chains can influence demand by using pricing and other promotions. By implementing different pricing strategies such as discounts, sales, and bundles, supply chains can stimulate demand for their products. Other promotions such as advertising, social media marketing, and influencer marketing can also help in creating awareness and generating interest in the products, which can further influence demand. The use of production capacity and inventory management can help in meeting the increased demand generated by the promotional activities. However, they do not directly influence demand.

Supply Chains Can Influence Demand by Using