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Match Each of the Following Terms with Its Description

question 24

Multiple Choice

Match each of the following terms with its description.
-Depicts the interactions among objects during a certain period of time.


Definitions:

Strategic Supply Management

The process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible.

Make

The decision process involved in determining whether to produce an item internally or buy it from an external supplier.

Buy

The action of acquiring ownership or the right to use a product or service through payment or exchange.

Environmental-Change Strategies

Approaches and methods adopted by organizations or individuals to adapt to or mitigate the effects of changes in the environment, aiming for sustainability and reduced ecological impact.

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