Which of the Following Refers to Managing the Sequence of Suppliers

question 65

Multiple Choice

Which of the following refers to managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to consumers?

• A) Operations management
• B) Supply chain management
• C) Resource management
• D) Variation

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Definitions:

American Colonization

The historical process, particularly in the 19th century, involving the establishment of American colonies overseas or the settlement of American citizens in foreign territories.

Puerto Rico

An unincorporated territory of the United States located in the northeastern Caribbean Sea, known for its vibrant culture, history, and natural beauty.

Broad-Based Prosperity

Economic growth and success that is widespread, reaching various sectors and levels of society.

American Revolution

The period (1765-1783) during which the thirteen American colonies fought for and gained independence from Great Britain.