According to the textbook, ________ management is internally oriented and focuses on efficient flow of incoming materials to organisations.
A)value chain
B)technological chain
C)supply chain
D)ethical chain
E)financial chain

Question

Quizplus · Accepted Answer

The description given in the question matches the definition of supply chain management, which is concerned with the coordination and optimization of activities involved in procuring materials, transforming them into finished products, and delivering them to customers. Value chain management also involves activities beyond the company's internal operations, such as marketing and after-sales service, and focuses on creating value for customers. Technological chain, ethical chain, and financial chain are not commonly used management terms.

According to the Textbook, ________ Management Is Internally Oriented and Focuses