Question

​_______________ refers to the broad set of activities carried out by organizations to analyze sourcing​ opportunities, develop sourcing​ strategies, select​ suppliers, and carry out all the activities required to procure goods and services.

Answer 1

Answer:

Supply Management

Explanation:

Supply Management -

As the name suggests , it is the management of the supply , it is also known as procurement .

In a business or company , the method to determine and manage the resources and the suppliers which are required for the business , is referred to as supply management .

The focus of the people working in the supply management is -

cost control , collecting data and information , risk management etc.

Hence , from the given information of the question ,

The correct answer is supply management .