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Supply-Chain Management Software Is a Type of Program That Supports

question 86

True/False

Supply-chain management software is a type of program that supports efforts relative to moving goods from the raw material stage to the customer.


Definitions:

Competitive Bids

Offers made by businesses or individuals in an attempt to win a contract, often through a formal bidding process, where the most appealing bid in terms of price, quality, and terms usually wins.

RFP

Request for Proposal; a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Business

The practice of engaging in commerce, trading, or services for the purpose of earning profit and meeting the needs of customers.

Agency's Requirements

The specific criteria, needs, or conditions that an organization or entity insists must be met or provided.

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