Which of the Following Is the Function of Supply Chain

question 22

Multiple Choice

Which of the following is the function of supply chain management?

• A) optimizing the flow of products and services from their source to the customer
• B) restructuring the organizational hierarchy to facilitate effective communication
• C) improving the visibility of a product or service through effective promotional strategies
• D) identifying the optimum target market to increase the likelihood of the sale of a product or service

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, entitling the holder to vote at shareholder meetings and receive dividends.

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets, calculated as sales divided by total assets.

Common Stock

A type of equity ownership in a corporation, representing a claim on a portion of the profits and assets.

Market Price

The current price at which an asset or service can be bought or sold in a given market.