Achieving efficiency in all aspects of the ___ while ensuring on-time availability of quality resources for customer-driven organizations is the fundamental goal of ___.
A) value chain; value chain management
B) quality chain; quality chain management
C) supply chain; supply chain management
D) customer chain; customer chain management
E) production chain; production chain management

Question

Quizplus · Accepted Answer

The term "on-time availability of quality resources" suggests the management of the supply chain, which is the logistical system by which a company supplies its products or services to customers. Therefore, the best answer is C, supply chain management. A is incorrect because it only refers to the creation of value, not the management of resources. B refers to quality but not the management of resources. D and E are not commonly used terms in business.

Achieving Efficiency in All Aspects of the ___ While Ensuring