Management of the Network of Facilities and People That Obtains

question 122

Multiple Choice

Management of the network of facilities and people that obtains materials from the outside,transforms them into products and distributes the products to customers is called

• A)collaboration.
• B)switching costs.
• C)cooptation.
• D)supply chain management.
• E)customer service.

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Definitions:

Job Evaluations

The process of analyzing and assessing various aspects of a job to determine its relative value or importance within an organization, often for determining salary scales.

Benefits Administration

The management and operation of a company's employee benefits program, including health insurance, retirement plans, and other fringe benefits.

Product Providers

Companies or entities that manufacture or supply goods and services to the market or to other businesses.

Contract Out

The process of hiring external contractors to perform services or tasks traditionally handled by internal staff or resources.