ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of managing upstream and downstream of final goods, flow of raw materials and information about resellers and final consumers is classified as
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marketing logistics network
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supply chain management
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delivery network
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physical distribution network
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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.
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