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

---

Definitions:

Hurdle Rate

The minimum acceptable rate of return on an investment, used as a benchmark to assess its financial viability.

Borrowed Funds

Money obtained through loans or debt financing, which needs to be repaid over time, usually with interest.

Capital Budgeting

The process of planning and managing a company's long-term investments in major projects or assets.

Internal Rate

Generally refers to the internal rate of return (IRR), which is a metric used in capital budgeting to estimate the profitability of potential investments.