1. Explain why correlation doesn't necessarily mean causation on a scatter plot.
2. What is this “incentive scheme”?
3. Read the case study "To Bid or Not to Bid" on page and answer the following questions.(300) words.
What other factors should Marvin and his team consider?
Please provide atleast 2 refrances.
4. Analyze the benefits to supply chain management of deploying the technology applications of a) EDI of invoices and payment and b) web-based order tracking.