Which of the Following Are Enabling Processes Following the View

question 57

Multiple Choice

Which of the following are enabling processes following the view of Monczka? 

• A) Establish supplier lists. 
• B) The identification of all costs. 
• C) Develop purchasing and supply chain measurements. 
• D) The identification of all customers.

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Definitions:

Productivity Rises

An increase in the efficiency of production, often leading to more output with the same or fewer inputs.

Relative Prices

The price of a commodity or service in comparison to another, indicating its opportunity cost and economic choice.

Substitutable Resources

Resources that can replace each other in production or consumption, leading to flexibility and alternatives for consumers and producers.

Rent

The payment made by a tenant to a landlord for the use of a property or space.