Which of These Operations and Supply Chain Activities Deals Only

question 7

Multiple Choice

Which of these operations and supply chain activities deals only with suppliers as interorganizational participants?

• A)process selection
• B)forecasting
• C)inventory management
• D)purchasing

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Definitions:

Decision Making

The process of selecting a course of action from multiple alternatives to achieve a specific objective.

Decision-making Process

The series of steps taken by individuals or groups to identify and evaluate options in order to choose the best course of action.

Recognition

The act of acknowledging or formally accepting the existence, validity, or legality of something.

Problem

A situation, question, or matter in need of a solution, typically requiring thought, effort, or creativity to resolve.