What Is Supply Chain Management (SCM)

question 147

Multiple Choice

What is supply chain management (SCM) ?

• A) The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability.
• B) Takes information entered into a given system and sends it automatically to all downstream systems and processes.
• C) A means of managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability.
• D) Connects the plans, methods, and tools aimed at integrating separate enterprise system.

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Definitions:

Prejudice

Preconceived opinions or judgments about individuals or groups that are not based on reason or actual experience, often leading to discrimination.

Nonmandated Clients

Refers to individuals who seek services voluntarily and are not required by the courts or other institutions to receive assistance.

Confrontation

A face-to-face dispute or conflict between individuals or groups.

Problem-solving Process

A logical sequence of steps to identify, assess, and solve problems or challenges.