The Goal of SCM Is to Supply Customers with the Right

question 60

True/False

The goal of SCM is to supply customers with the right product at the right price.​

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Definitions:

CSR

Corporate Social Responsibility (CSR) refers to a company's commitment to operate in an economically, socially, and environmentally sustainable manner.

Shareholders

Shareholders are individuals or entities that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, ensuring accountability and aligning with stakeholders' interests.

CEO

Chief Executive Officer, the highest-ranking executive in a company, who makes major corporate decisions, manages the overall operations and resources, and acts as the main point of communication between the board of directors and corporate operations.