Ask Question
BusinessBusiness
3 November, 15:48

Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM strategy, people issues, and information. True or False

+1
Answers (1)
  1. 3 November, 19:36
    0
    Answer: True

    Explanation: The supply chain management is the chain of activities performed by an organisation to make their product available in the market. It starts from the production and ends with the sale to the final customer.

    However, this concept does not take into consideration the important qualitative characteristics such as customer satisfaction, customer service etc. as it ends with the sale of the product.

    Thus, we can conclude that the given statement is true.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Barges' has an asset beta of. 57, the risk-free rate is 4.3 percent, and the market risk premium is 7.7 percent. what is the equity beta if the firm has a debt-equity ratio of. 56
Answers (1)
When a foreign investor buys a bond either a U. S. firm or the federal government issues, or when a foreign firm builds a factory in the United States, the transaction is recorded in the balance of payments as
Answers (1)
What is core capabilities
Answers (1)
Question 10 2 pts A fiscal year for a business ordinarily begins on the first day of a month and ends on the last day of the following twelfth month O is determined by the federal government always begins on January 1 and ends on December 31 of the
Answers (1)
On January 1, you sold short one round lot (that is, 100 shares) of Four Sisters stock at $21 per share. On March 1, a dividend of $2 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $15 per share.
Answers (1)
New Questions in Business
Factors such as international trade agreements, economic conditions, and political unrest will have the greatest impact on what type of business environment?
Answers (1)
As of January 1 of the current year, Grackle Company had accounts receivable of $50,000. The sales for January, February, and March were $120,000, $140,000, and $150,000, respectively. Of each month's sales, 20% are for cash.
Answers (1)
ABC Co. uses a perpetual inventory system and uses the FIFO cost flow assumption. During the month, it had two sales. Calculate the dollar value of its cost of goods sold for the first sale made on Jan. 10.
Answers (1)
Which one of the following an example of direct foreign investment? A. a U. S bank granting a loan to a Guatemalan firm. B. A U. S government foreign aid grant to Bangladesh. C. The purchase of debt issued by the Panamanian government. D.
Answers (1)
Assume there are currently five firms producing and selling fertilizer in the South American market. Also assume that the product is differentiated and barriers to entry are high in the industry, making this market an oligopoly.
Answers (1)
Home » Business » Supply chain management mainly focuses on the creation, movement, and storage of products. However, it is also important to think about SCM strategy, people issues, and information. True or False
Sign Up Forgot Password?