SCM Is Primarily About the Management of Suppliers Across Complex

question 26

True/False

SCM is primarily about the management of suppliers across complex networks of companies.

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Definitions:

Procedural Learning

The process of learning how to perform activities or tasks that involve a series of steps or actions.

Training Transfer

The successful application of skills, knowledge, or competencies acquired in a training setting to the job environment.

Kirkpatrick's Model

Kirkpatrick's Model is a widely used framework for evaluating the impact of training programs, comprising four levels: reaction, learning, behavior, and results.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.