ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The process of managing upstream and downstream of final goods, flow of raw materials and information about resellers and final consumers is classified as
A
marketing logistics network
B
supply chain management
C
delivery network
D
physical distribution network
Explanation: 

Detailed explanation-1: -Supply Chain Management is the management of upstream and downstream value-added flows of materials, final goods, and related information among suppliers, company, resellers, and final consumers.

Detailed explanation-2: -Supply chain management involves managing upstream and downstream value-added flows of materials, final goods, and related information among suppliers, the company, resellers, and final consumers.

Detailed explanation-3: -Procurement Process: Upstream and Downstream Simply put, the upstream procurement process is everything that happens from sourcing to awarding the contract. Downstream procurement is everything that happens after the contract is awarded.

There is 1 question to complete.