Supply Chain Management Is

question 231

Multiple Choice

Supply chain management is

• A) the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.
• B) a program certifying that a factory, laboratory, or office has met the quality management standards of the International Organization for Standardization.
• C) a certification program attesting to the fact that a factory, laboratory, or office has improved environmental performance.
• D) the concept that all employees are valuable contributors to a firm's business, and should be entrusted with decisions regarding their work.
• E) the redesigning of business processes to improve performance, quality, and productivity.

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Definitions:

Human Errors

Mistakes made by individuals, often attributed to factors such as misjudgment, lack of attention, or misunderstanding.

Representative Data

Data that accurately reflects the characteristics or behavior of the entire population or phenomenon being studied.

Conventional System

A standard and widely accepted system or method followed in a specific field or environment.

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