Supply Chain Integration Is the Effective Coordination of Supply Chain

question 20

True/False

Supply chain integration is the effective coordination of supply chain processes through the seamless flow of information to suppliers, but does not include customers, such as distributors and retailers.

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Definitions:

Consolidation

The process of combining financial statements from several departments or subsidiaries into a unified set.

Merger

The combination of two or more companies into a single entity, where one survives and the others cease to exist as separate entities.

Synergy

A situation in which two companies operating together under one ownership perform better than the sum of their separate performances. A popular reason claimed for mergers.

Net Income

The financial profit a company has after subtracting all its expenses from its total revenue, indicating its profitability over a specified period.