For maximum efficiency, it is enough for companies to coordinate internal functions.

Question

Quizplus · Accepted Answer

Coordination with external stakeholders, such as customers, suppliers, and partners, is also essential for maximum efficiency. This includes communication and cooperation in areas such as production planning, inventory management, and order fulfillment. Additionally, external coordination can help companies stay competitive and adapt to changing market conditions.

For Maximum Efficiency, It Is Enough for Companies to Coordinate