________ Focuses on Providing an Efficient Flow of Resources to an Organization

question 50

Multiple Choice

________ focuses on providing an efficient flow of resources to an organization.

• A)Supply chain management
• B)Value chain management
• C)Value
• D)Supply

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Definitions:

Net Profit

The amount of income that remains after subtracting all expenses, taxes, and costs from total revenue.

Monetary Items

Assets and liabilities that are to be received or paid in a fixed or determinable amount of money.

Payables

Amounts that a company owes to its creditors or suppliers for goods or services received.

Borrowings

Funds that a company or individual takes on loan from another party, to be repaid over time with interest.