The Design and Management of Seamless,value-Added Processes Across Organizational Boundaries

question 4

Multiple Choice

The design and management of seamless,value-added processes across organizational boundaries to meet the needs of the end customer is called:

• A)supply chain management.
• B)strategic sourcing.
• C)value management.
• D)customer relationship management.
• E)strategic process management.

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Definitions:

Investment Income

Income earned from investments, including dividends, interest, and capital gains from securities, real estate, or other assets.

Deferral Method

An accounting practice where certain revenues or expenses are deferred to a future accounting period to better match revenues with expenses.

Deferred Contribution

Refers to contributions or payments that are postponed to a future date rather than being made immediately.

Net Assets

The total assets of a company or organization minus its total liabilities; an indicator of financial health.