Choice of a Supply Chain Involves Three Steps: (1)understand the Customer;

question 9

Multiple Choice

choice of a supply chain involves three steps: (1) understand the customer; (2) __________; and (3) harmonize the supply chain with the marketing strategy.

• A) understand the environment
• B) consider the legal consequences
• C) understand the supply chain
• D) understand the marketing strategy
• E) understand the company's goals

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Definitions:

Business Plan

A document that outlines a company's goals, the strategy to achieve them, financial forecasts, and market analysis.

Principal Owners

Individuals or entities that hold a primary share of ownership in a business, often having significant influence on company decisions.

New Businesses

Entities that have been recently established or founded, entering the marketplace with fresh offerings or services.

Survive

The ability to continue to live or exist, especially in spite of difficult conditions or circumstances.