Start learning 50% faster. Sign in now
Blockchain technology offers the key benefit of providing an immutable ledger that cannot be altered once recorded. In supply chain management, this means that every transaction or movement of goods is permanently recorded on the blockchain and cannot be tampered with. This immutability ensures data integrity and transparency across the entire supply chain, allowing stakeholders to track the history of products and verify the authenticity of data without relying on a single point of control. By using blockchain, all parties involved in the supply chain—from manufacturers to retailers—can trust the shared record, reducing fraud, errors, and discrepancies. The transparency provided by blockchain also improves trust among parties in the supply chain, as every step of a product's journey can be traced and verified in real-time. This helps ensure that products meet safety and quality standards and helps resolve disputes efficiently. Why Other Options Are Incorrect:
According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
GDP at market price is given by?
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3 <= 3
x1 + 2x2 + x...
A country imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose that u...
Which of the following is not correct regarding adjusted R2?
...For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
Consider the following production function
Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL
If 20 units of capital i...