Supply Chain Management (SCM) Consists of Technological Components as Well

question 10

True/False

Supply Chain Management (SCM) consists of technological components as well as a process that brings together information about customers, sales, and marketing.

---

Definitions:

World Trade Organization

An international organization that regulates trade between nations to ensure trade flows as smoothly, predictably, and freely as possible.

Trade Disputes

Disagreements or conflicts between countries or entities regarding trade practices, tariffs, or barriers.

Binding Decisions

Decisions made by an authority that are obligatory for the parties involved and must be followed or adhered to.

Trade Experts

Individuals with extensive knowledge and experience in the field of trade, including international trade laws, practices, and negotiations.