The Final Stage in the Adoption of Supply Chain Management

question 28

Multiple Choice

The final stage in the adoption of supply chain management where companies have successfully aligned both their internal and external processes is called:

• A)the Expanded Enterprise stage.
• B)Internal Process Integration stage.
• C)the Informal stage.
• D)the Functional stage.
• E)the Customer Relationship Management stage.

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Definitions:

Chief Executive Officers

The highest-ranking executives in a company, responsible for making major corporate decisions, overseeing the overall operations and resources, and acting as the main point of communication between the board of directors and corporate operations.

Human Resource Departments

Divisions within organizations responsible for managing employee-related processes like hiring, training, benefits, and compliance.

Outplacement Services

Support and assistance provided by an employer to help former employees transition to new jobs following layoffs or job loss.

Outsourcing

The practice of hiring external firms to handle work typically performed within a company, often to cut costs.