ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following is not the background to the importance of Supply Chain Management
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Many companies do outsourcing/subcontracting
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Time-based competition
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Market competition is very low
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Technological developments and business models
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Explanation:
Detailed explanation-1: -Maximize throughput on bottleneck resources to increase revenue. Synchronize supply with demand to reduce inventories. Provide company-wide visibility to resource capacity. Enable scenario data-driven decision making.
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