COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Supply chain management refers to the coordination of all supply activities of an organisationfrom its suppliers and delivery of products to its customers. E-commerce transactions between acompany and its stakeholders, be their consumers or businesses are often referred to as:C2C, C2BB2C, B2BB2C, C2CB2B, C2B.
Detailed explanation-2: -Procurement, storing, and delivery is the functions of supply chain management. All these are now done in a coordinated manner to improve efficiency, reduce costs and improve customer experience. All these functions together form the supply chain.
Detailed explanation-3: -The terms supply chain management (SCM) and business logistics management-or simply, logistics-are often used interchangeably.