A Set of Approaches Used to Integrate the Functions of Operations

question 69

Multiple Choice

A set of approaches used to integrate the functions of operations management, logistics management, and marketing channel management so products are produced and distributed in the right quantities, to the right locations, and at the right time is known as:

• A) supply-chain management.
• B) vertical channel integration.
• C) industrial management.
• D) industrial distribution.
• E) marketing management.

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Definitions:

Within Days

A phrase indicating that a specific action or event is to occur within a defined number of days from a certain point in time.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.

Lease Agreement

A legal contract between a landlord and tenant, outlining the terms under which the tenant can rent property from the landlord.

Dissociates

In a legal context, refers to a partner's withdrawal or a member's departure from a partnership or an association, affecting the entity's composition.