What Is the Management of Information Flows Between and Among

question 31

Multiple Choice

What is the management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability?

• A) Business process reengineering
• B) Supply chain management
• C) Customer relationship management
• D) Enterprise resource planning

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Definitions:

Job Feedback

Information given to employees about their performance, aiming to reinforce strengths or address weaknesses.

Extrinsic Rewards

Rewards given to individuals by external sources, typically in the form of money, benefits, or formal recognition, as compensation or acknowledgment of one's work.

Monetary Bonuses

Financial rewards given to employees over and above their normal compensation, usually as a recognition of their performance or achievement.

Piece-Rate Pay

Piece-rate pay is a compensation system where workers are paid a fixed rate for each unit of production completed.