COMPUTER FUNDAMENTALS

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COMPUTER APPLICATIONS

ENTERPRISE RESOURCE PLANNING ERP SOFTWARE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Integration of activities related to the procurement of materials and services, transforming them into semi-finished goods or finished goods (final product/finished good), and sending them to consumers (Customers) is the meaning of:
A
Enterprise Resource Management (ERP)
B
Supply Chain Management( SCM)
C
Customer Relationship Management (CRM)
D
Operational Management
E
Production Management
Explanation: 

Detailed explanation-1: -Supply chain management is the management of the activities that procure material and services, transforming them into intermediate goods and final products, and delivering the products through a distribution system.

Detailed explanation-2: -The integration of all the activities involved in the procurement, conversion and logistics of the product is known as Supply Chain. Value Chain is defined as the series of activities, that adds value to the product.

Detailed explanation-3: -Material management systems embrace all of the activities related to materials and are a basic business function that adds value to a finished product. It can also include the procurement of machinery and other equipment needed for production processes as well as spare parts.

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