ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the aim for SCM managers?
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More expensive, slower, worse
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Smoother, effective, efficient
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Cheaper, faster, better
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None of the above
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Explanation:
Detailed explanation-1: -The major objectives of supply chain management are to improve efficiency, reduce costs, increase profits and keep the business going.
Detailed explanation-2: -It involves planning, organizing, and controlling all aspects of the supply chain in order for businesses to meet customer demand efficiently. The objectives of SCM include optimizing efficiency, minimizing costs, increasing customer satisfaction, and providing a competitive advantage to firms.
There is 1 question to complete.