Multiple Choice
What is 'supply chain management'?
A) The management of all suppliers in such a way that the expectations of the end users of the company are met or surpassed.
B) The management of all of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed. Purchasing
C) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services.
D) The management of all activities, information, knowledge and financial resources associated with the flow and transformation of goods and services up from the raw materials suppliers, component suppliers and other suppliers in such a way that the expectations of the end users of the company are met or surpassed.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Procurement and supply chain management can contribute
Q25: Which of the following is a definition
Q26: Which of the following are 'primary activities'? <br>A) Human
Q27: Which of the following is a definition
Q28: Which of the following is not a
Q30: What is direct purchasing? <br>A) Purchasing of all materials
Q31: Which of the following is not a
Q32: Which of the following explains 'supply chain'? <br>A) A
Q33: Which of the following is an explanation
Q34: Which of the following better explains 'Procurement'? <br>A) A