Which of the following is a process of supply chain management that chooses suppliers and establishes contract terms to provide the raw material needed to create a product?
A)Stocktaking
B)Sourcing
C)Advertising
D)Marketing

Question

Quizplus · Accepted Answer

Sourcing is the process of selecting suppliers and establishing contract terms to obtain the necessary raw materials for the production of a product. Stocktaking is the process of counting and recording the inventory of products, advertising is the process of promoting a product or service, and marketing includes all activities involved in promoting and selling a product or service.

Which of the Following Is a Process of Supply Chain