ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following situations would supply chain managers encounter during the final stage of supply chain management:
A
A customer returns a defective product
B
The company finds reliable suppliers
C
The business plans to deliver goods to customers
D
Managers develop a supply chain strategy
Explanation: 

Detailed explanation-1: -Which statement is true about supply chain management? Enables supply chain managers to respond quickly to sudden changes in supple or demand. Companies that focus on supply chain management commonly report: Lower warehousing costs.

Detailed explanation-2: -In the simplest terms, supply chain management (SCM) lets an organization get the right goods and services to the place they’re needed at the right time, in the proper quantity and at an acceptable cost.

Detailed explanation-3: -Evidence of the growth and influence of supply management in an organization includes: involvement in strategic planning and executive status of the chief supply officer.

There is 1 question to complete.