Question

_____ refers to activities to plan, organize, lead, and control the flow of products, services, finances, and information that passes through a set of entities from a source to the customer.
a. Contingency planning
b. Demand chain management
c. Supply chain management
d. Enterprise resource planning

Answer 1

Answer:

C.

Explanation:

Supply chain management is the management of the flow of goods and services, finances and information and includes all processes that transform raw materials into final products.

Contingency planning is designed to help an organization respond effectively to a significant future event or situation that we don't know if it will happen.

Demand chain management is similar to supply chain management but more complex, where upstream and downstream relationships between customers and suppliers need to be managed to deliver the lowest cost to the customer across the entire supply chain.

Enterprise resource planning is the integrated management of main business processes,

Answer 2

Answer:

The correct answer is letter "C": Supply chain management.

Explanation:

Supply chain management is the cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components and finished products from original suppliers to end-users. Supply chain management is crucial for most companies and can involve hundreds of o links at large corporations.