Supply Chain Management Refers to the Coordination of Flows in Three

question 23

Multiple Choice

Supply chain management refers to the coordination of flows in three categories: material, information and ________.

• A) marketing
• B) distribution
• C) logistics
• D) financial

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Definitions:

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Environment

Refers to the surrounding conditions and factors that affect living organisms, including natural, cultural, and built environments.

Perceptual Distortions

Misinterpretations or misunderstandings of sensory input due to biases, prejudices, or errors in judgment.

Framing

The way information is presented or organized to influence people’s perceptions, decisions, and judgments.