________ Is the Difference Between the Sum of the Revenue

question 33

Multiple Choice

________ is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue.

• A)Supply chain sustainability
• B)Supply chain optimization
• C)Supply chain profitability
• D)Supply chain analytics

---

Definitions:

Benchmarking

The process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Better Performing Companies

Firms that consistently outperform their peers in metrics such as profitability, market share, or innovation.

Standard Costs

Predetermined costs that are used as benchmarks against which actual costs are compared.

Kilograms

A unit of mass in the metric system, equivalent to 1,000 grams, used globally for measuring weight.