Which of the Following Is the Term for Managing the Sequence

question 141

Multiple Choice

Which of the following is the term for managing the sequence of suppliers and purchasers, covering all stages of processing from obtaining raw materials to distributing finished goods to final consumers?

• A) Procurement management
• B) Supply chain management
• C) Customer satisfaction
• D) Logistics
• E) Competitive advantage

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Definitions:

Artificial Consequences

These are outcomes or sanctions that are deliberately created or imposed to modify behavior, rather than naturally occurring as a result of actions.

Naturally Occurring

An event, substance, or situation that exists or happens without human intervention.

Problem-solving Process

A systematic approach to addressing and finding solutions for complex problems, involving identifying the problem, generating alternatives, and implementing solutions.

Self-reports

A method of data collection where individuals provide information about themselves, often used in surveys, questionnaires, and research studies.