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Questions and Answers
What does supply chain management (SCM) primarily deal with in commerce?
What does supply chain management (SCM) primarily deal with in commerce?
- Sales, customer service, and product development
- Quality control and production scheduling
- Procurement, operations management, logistics, and marketing channels (correct)
- Financial management and human resources
What is a more narrow definition of supply chain management (SCM)?
What is a more narrow definition of supply chain management (SCM)?
- Financial planning and risk management
- Design, planning, execution, control, and monitoring of supply chain activities (correct)
- Marketing strategy and brand management
- Human resource management and organizational development
What does supply chain management include the movement and storage of?
What does supply chain management include the movement and storage of?
- Obsolete inventory and waste materials
- Raw materials, work-in-process inventory, finished goods (correct)
- Customer returns and damaged products
- Marketing materials and promotional items
What is one of the objectives of supply chain management?
What is one of the objectives of supply chain management?
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What do interconnected, interrelated or interlinked networks, channels and node businesses combine in?
What do interconnected, interrelated or interlinked networks, channels and node businesses combine in?
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