Examlex
Which of the following is not a function of social institutions?
Supply Chain Management
The supervision and management of materials, data, and monetary resources as they transition from the supplier, through the manufacturer and wholesaler phases, ultimately reaching the retailer and consumer.
On-time Availability
The state or characteristic of being ready for use or accessible exactly when needed or promised.
Efficiency
The ability to achieve a desired result or perform a task with the least amount of wasted time, effort, or resources.
Value Chain
A series of activities that companies perform to bring a product or service from conception to the marketplace.
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