Question

â_______________ refers to the broad set of activities carried out by organizations to analyze sourcingâ opportunities, develop sourcingâ strategies, selectâ suppliers, and carry out all the activities required to procure goods and services.

Answer 1

Answer: Supply Management

Explanation:

Supply management is referred to as or known as the task of acquiring, identifying, and also managing suppliers and resources that tends to be  essential for operations of the organization.  It is also referred to as procurement, i.e. supply management tends to include purchase of commodities such as physical goods, services, information, and several other resources that might enable an organization to continue growing and operating .