The process that incorporates acquisition of all physical and informational inputs,as well as the efficiency and effectiveness with which they are transformed into customer solutions is _______.

Question

Quizplus · Accepted Answer

The description given in the question refers to supply chain development, which involves acquiring physical and informational inputs, and transforming them into customer solutions efficiently and effectively. Product development management refers specifically to the creation of new products, whereas customer relationship management concerns building and maintaining relationships with customers. Business management is a broader term that encompasses various aspects of running a business, including supply chain management, product development, and customer relationship management.

The Process That Incorporates Acquisition of All Physical and Informational