Achieving Efficiency in All Aspects of the __________ While Ensuring

question 77

Multiple Choice

Achieving efficiency in all aspects of the __________ while ensuring on-time availability of quality resources for customer-driven organizations is the fundamental goal of __________.

• A)Value chain ... value chain management.
• B)Quality chain ... quality chain management.
• C)Supply chain ... supply chain management.
• D)Customer chain ... customer chain management.
• E)Production chain ... production chain management.

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Definitions:

Brand Equity

The value premium that a company realizes from a product with a recognizable name as compared to its generic equivalent.

Consumers

Individuals or groups who purchase goods or services for personal use and not for manufacturing or resale.

Promise

A declaration or assurance that one will do something or that a particular thing will happen.

Value

The importance, worth, or usefulness of something, often considered in terms of how much something is worth to someone.