_______ is known as how consumer demand plays a leading role and reshaping into the demand chain.

Question

BlackTom AI · Accepted Answer

The prompt asks to identify which term describes how consumer demand leads and reshapes the demand chain.
Option a: 'Prescriptive Economy' — This term is not a standard descriptor of demand-driven systems and does not capture the idea of consumers shaping demand; it inaccurately suggests a top-down or directive framework rather than a demand-led one.
Option b: 'Prosumer Economy' — This option aligns with the concept where consumers (prosumers) both produce and consume, actively shaping demand and the value chain. It reflects the idea that demand is co-created and influential in reshaping the supply/demand dynamics.
Option c: 'Internet' — While the internet enables rapid information flow and influence, it is too broad and nonspecific to describe the mechanism by which consumer demand reshapes the demand chain. It does not name the economic framework in question.
Option d: 'Procurement' — Procurement pertains to the process of obtaining goods and services, typically within an organization, and does not capture the broader consumer-led reshaping of demand across the economy. It describes a function rather than the fundamental concept of demand shaping.
In summary, the statement about consumer demand reshaping the demand chain most accurately corresponds to the concept of a Prosumer Economy, as it emphasizes the active role of consumers in co-creating and influencing demand across the chain.

Digital Thinking and Innovation (032025-KID)

_______ is known as how consumer demand plays a leading role and reshaping into the demand chain.

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