Pruitt 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:
A) participative management.
B) top-down management.
C) strategic cost management.
D) supply chain management.
E) management by objectives (MBO).

Question

Quizplus · Accepted Answer

The described system is an example of supply chain management, which involves coordinating the flow of goods, services, and information across an organization's entire supply chain, including vendors and customers.

Pruitt Company Has Developed an Integrated System That Coordinates the Flow