ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The last decade of the twentieth century was a period of rapid change for organizations, especially businesses
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The last decade of the twentieth century was a period of rapid change for organizations, especially businesses. A key element in Wal-Mart’s ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system.

Detailed explanation-2: -The three common measures of supply chain performance are inventory turnover, order fulfilment time and delivery performance. By monitoring these metrics, businesses can identify areas that require improvement and develop strategies for enhancing their overall performance.

There is 1 question to complete.