SCM Includes Procurement, Sales Order Processing, Inventory Management, Supplier Management

question 113

True/False

SCM includes procurement, sales order processing, inventory management, supplier management, and other related activities.

Recognize the role and impact of small businesses in the economy.

Analyze scenarios to identify key factors in business success or failure.

Understand the concept of economies of scale and its benefits.

Identify the characteristics and significance of microbusinesses.