The Term ________ Is Commonly Used to Refer to a Collection

question 85

Multiple Choice

The term ________ is commonly used to refer to a collection of companies and processes involved in moving a product from the suppliers of raw materials to the customer.

• A) distribution resource planning
• B) supply chain
• C) procurement
• D) demand chain
• E) value network

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Definitions:

Convergence

The process or phenomenon where different entities or systems come together, integrate, or become more similar, often seen in technology, media, and telecommunications.

Apps

Small, downloadable software programs that can run on smartphones and tablet devices. Also called mobile apps or applications.

Convergence

The tendency of different technological systems to evolve towards performing similar tasks or to integrate and synergize functions, leading to the merging of technologies, industries, or devices.

Engage Fans

Strategies or actions taken by brands, celebrities, or organizations to interact with and increase the involvement of their audience or supporters.