Early Attempts to Improve the Efficiency of the Supply Chain

question 47

Multiple Choice

Early attempts to improve the efficiency of the supply chain made use of the following for communication between supply chain firms:

• A) electronic data interchange
• B) CRM
• C) ERP
• D) Application Service Providers
• E) fax and phone

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Definitions:

Improvement

The process of making something better or more effective through changes or enhancements.

Excellence

The pursuit and attainment of the highest standards in any field, often characterized by remarkable proficiency or achievement.

Angela Lee Duckworth

A psychologist known for her research on grit, a strength of character that involves passion and perseverance for long-term goals.

Long-Term Goals

Objectives intended to be achieved over an extended period, typically beyond a year.