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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?
- Procurement, operations management, logistics, and marketing channels (correct)
- Human resource management and financial accounting
- Sales, marketing, and customer relations
- Product design and development
Which of the following is a part of supply chain management's narrow definition?
Which of the following is a part of supply chain management's narrow definition?
- Market research and analysis
- Design, planning, execution, control, and monitoring of supply chain activities (correct)
- Legal compliance and regulatory affairs
- Quality control and assurance
What does supply chain management include in terms of order fulfillment?
What does supply chain management include in terms of order fulfillment?
- Inventory management and control
- Order processing and invoicing
- Customer relationship management
- End to end order fulfillment from the point of origin to the point of consumption (correct)
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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