Supplier lead time affects a firm's flexibility and service to its own customers. Firms that compete in ________ markets and face rapidly changing ________________ require greater flexibility than firms competing in _______ markets.

Question

Quizplus · Accepted Answer

The question mentions that supplier lead time affects a firm's flexibility and service to its customers, and that firms in rapidly changing product or technology markets require greater flexibility. Therefore, the best answer is B, which refers to volatile product or technology markets, rather than consumer demands or stable markets. A, C, D and E are not supported by the information given in the question.

Supplier Lead Time Affects a Firm's Flexibility and Service to Its