The Two Most Prominent SCM Process Frameworks Are the Supply

question 25

Multiple Choice

The two most prominent SCM process frameworks are the Supply Chain Operations Reference (SCOR) Model and the ___________.

• A)Supply Chain Efficiency (SCE)Model
• B)Process Classification Framework (PCF)
• C)Global Supply Chain Forum (GSCF)Model
• D)Council of Supply Chain Management Professionals (CSCMP)Model

---

Definitions:

Credit Sale

A transaction where the payment for goods or services is deferred, allowing the buyer to pay at a later date.

Firm Deposits

Deposits made by a firm that are typically fixed for a certain term or period, which might earn interest.

Bank Credits

The aggregate amount of credit available to a borrower from the banking system.

Net Present Value

A method of evaluating the profitability of an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows over the investment's lifetime.