In the Basic Supply Chain Source Refers to Building Relationships

question 97

True/False

In the basic supply chain source refers to building relationships with suppliers to procure raw materials.

---

Definitions:

Profit Center

A separate business unit or department within a company that is responsible for generating its own revenue and profit.

Cost Center

A department within a company that does not directly add to profit but still incurs costs, such as the customer service department.

Managerial Responsibility

The accountability of managers to make decisions and oversee a company's operations to meet its goals.

Cost Controllability

The ability of a manager or business to influence or manage the costs associated with business operations.