_____ encompasses all the activities required to get the right product into the right consumer's hands in the right quantity at the right time and at the right cost, from acquisition of raw materials through customer delivery.
A) Supply chain management
B) Value chain management
C) Inventory management
D) Customer management

Question

_____ encompasses all the activities required to get the right product into the right consumer's hands in the right quantity at the right time and at the right cost, from acquisition of raw materials through customer delivery. ​
A) Supply chain management
B) Value chain management
C) Inventory management
D) Customer management

Quizplus · Accepted Answer

Supply chain management encompasses all activities involved in delivering the product to customers, including procurement, production, transportation, and logistics. Value chain management focuses on creating value for the customer through various business activities. Inventory management only deals with managing inventory levels of products. Customer management involves building and maintaining relationships with customers.

_____ Encompasses All the Activities Required to Get the Right