A business organization wanting to increase it's interdependence with its suppliers in an effort to reduce risk and increase profitability, may wish to explore the concept of?
A) Supply chain management
B) Strategic intermediary integration
C) Strategic marketing
D) Strategic channel management
E) None of the above

Question

Quizplus · Accepted Answer

Supply chain management focuses on the integration and coordination of all activities involved in sourcing, procurement, conversion, and logistics management. It aims to build strong relationships with suppliers to reduce risk and increase profitability.

A Business Organization Wanting to Increase It's Interdependence with Its