Ask Question
BusinessBusiness
21 November, 19:31

Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM strategy, people issues, and information. True or False

+4
Answers (1)
  1. 21 November, 19:37
    0
    Answer: True

    Explanation: The supply chain management is the chain of activities performed by an organisation to make their product available in the market. It starts from the production and ends with the sale to the final customer.

    However, this concept does not take into consideration the important qualitative characteristics such as customer satisfaction, customer service etc. as it ends with the sale of the product.

    Thus, we can conclude that the given statement is true.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What should investors consider when planning for their retirement? Check all that apply. - the amount an employer will match for a 401 (k) - the contributions an employer will make to an IRA - the ideal age to establish a particular retirement plan
Answers (2)
Kiley Corporation had these transactions during 2017. Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.
Answers (1)
Which of the following is a characteristic of a monopoly? a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller
Answers (2)
Bryna has $300 to open a checking account. She wants an account with the least amount of fees. She does not plan on using an ATM and her employer offers direct deposit.
Answers (2)
Why does the president of New York's Federal Reserve Bank always have a vote in the FOMC
Answers (2)
New Questions in Business
The market value of Firm L's debt is $200,000 and its cost of debt is 7%. The firm's equity has a market value of $400,000, its earnings are growing at a 4% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 12%.
Answers (1)
Owners of the restaurant in A. anticipate that in one year their demand will double as long as they can provide good service to their customers. How much will they have to increase their service capacity to stay out of the critical zone?
Answers (1)
Balance sheet and income statement data indicate the following: Bonds payable, 11% (due in 15 years) $1,023,237 Preferred 8% stock, $100 par (no change during the year) $200,000 Common stock, $50 par (no change during the year) $1,000,000 Income
Answers (1)
The pricing function is an integral part of the companies :
Answers (1)
A company calculates the value of inventory by using the lower-of-market valuation method. which value should the company report for the inventory item for the period?
Answers (1)
Home » Business » Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM strategy, people issues, and information. True or False
Sign Up Forgot Password?