Supply Chain Management Includes the Planning and Management of All

question 21

Multiple Choice

Supply chain management includes the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities.It also includes:

• A) Human resources and job design
• B) Selling and marketing products
• C) Coordination and collaboration with channel partners
• D) Program evaluation and review techniques.

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Definitions:

Idle Capacity

Unused production capability within a manufacturing plant or business operation, often due to lack of demand or inefficiency.

Drop a Product

The decision by a company to cease the production and sale of a particular product.

Rent

A periodic payment made to use a property or piece of equipment owned by another party.

Unavoidable

Refers to events or outcomes that cannot be prevented or avoided.