ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Supply chain (SC) management involves the coordination of all supply activities of an organization from its suppliers to the delivery of products to its customers. There are various features associated with this area of e-commerce and which refers to what is known as efficient consumer response (ECR):
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The links between an organization and all partners involved
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Creating and satisfying customer demand by optimizing strategies, promotions and product introductions
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Transactions between an organization and its customers and intermediaries
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None of the above
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Explanation:
Detailed explanation-1: -supply chain management involves the coordination of all supply activities of an organization from its suppliers to the delivery of products to its customers. there are various features associated with this area of ecommerce and which refers to what is known as efficient consumer response.
Detailed explanation-2: -Logistics is an aspect of the supply chain that stores or delivers finished goods or services to the customer, whether that’s a manufacturer, distributor or consumer. The goal of logistics is to get goods and services to the customer on time and at a competitive price.
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