_______ is the formal and informal sharing of meaningful and timely information between firms.
A)Customer selection
B)Ordering selection
C)Communication
D)Continuity

Question

Quizplus · Accepted Answer

Communication is the act of sharing information between two parties. In supply chain management, communication involves the exchange of meaningful and timely information between firms, both formally and informally. Effective communication is critical for effective supply chain management as it helps to ensure that all parties are aware of the status of orders, inventory levels, and delivery schedules, among other things.

_______ Is the Formal and Informal Sharing of Meaningful and Timely