Supply Chain Management Adds Value for Customers By

question 68

Multiple Choice

Supply chain management adds value for customers by:

• A) maximizing total distribution costs.
• B) use of exclusive geographic territories.
• C) getting products to customers efficiently.
• D) incorporating universal product codes.
• E) maximizing distributional access.

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Definitions:

Communicates

The process of conveying or exchanging information through various means, essential for business operations and relationships.

Partnership

A legitimate business arrangement where two or more partners share both management responsibilities and profits.

Stockholders

Individuals or entities that own shares of stock in a corporation, granting them certain rights and privileges.

Internal Controls

Procedures and policies implemented by a company to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and achieve effective and efficient operations.