ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The seven principles of supply chain management have stood the test of time very well
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Which of the following is true of supply chain management? It seeks to increase efficiencies at each level in the upstream and downstream flow of products and services.
Detailed explanation-2: -So, what are the 7 Rs? The Chartered Institute of Logistics & Transport UK (2019) defines them as: Getting the Right product, in the Right quantity, in the Right condition, at the Right place, at the Right time, to the Right customer, at the Right price.
There is 1 question to complete.