Examlex
Which of the following statements is CORRECT?
Value
The importance, worth, or usefulness of something to someone.
Supply Chain Relationships
The interactions and partnerships between all participants involved in the flow of goods and services from the original producer to the end consumer, including suppliers, manufacturers, and retailers.
Profitability
A financial performance measure indicating the degree to which a company or business makes more money than it spends.
Satisfying Customer Wants
The process of identifying and fulfilling the needs, desires, or preferences of customers through products or services.
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