Which of the Following Activities Does B2B Include

question 22

Multiple Choice

Which of the following activities does B2B include?
i. Purchasing and procurement
ii. Customer service
iii. Supplier management
iv. Inventory management

• A) i, ii and iii
• B) ii, iii and iv
• C) i, ii and iv
• D) All of the given answers

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Definitions:

Efficiency

The ability to accomplish a task or goal using the least amount of resources or time, often measured in terms of output per unit of input.

Competitive Strategy

Refers to a long-term plan formulated by a company to gain a competitive advantage over its rivals in the industry.

Organization Structure

The arrangement of departments, roles, and responsibilities within a company, defining how activities are directed to achieve goals.

Determinants of Performance

Factors or elements that significantly influence the output, efficiency, or effectiveness of individuals, teams, or organizations.