Gonzales Company has developed an integrated system that coordinates the flow of all goods, services, and information into and out of the organization, working with raw material vendors as well as customers to improve service and reduce costs. The firm is said to be using

Question

Pedro Golden

Business

12 November, 09:38

Gonzales Company has developed an integrated system that coordinates the flow of all goods, services, and information into and out of the organization, working with raw material vendors as well as customers to improve service and reduce costs. The firm is said to be using

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Answers (1)

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Peter · Answer 1

The Options are:

a) participative management.

b) top-down management.

c) strategic cost management.

d) supply chain management.

e) management by objectives (MBO).

Answer : D - supply chain management.

Explanation:

Supply chain management means managing the flow of goods and services with the intention of maximizing customer value as well as competitive advantage in the marketplace.