Getting all the required raw materials at the cheapest price from reliable suppliers that deliver these materials to factories on time, and getting the finished products delivered to customers are responsibilities of Select one: Oa.materials mgmt b.SCM c.distribution d.procurement

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Process
Section: Chapter Questions
Problem 10CQ
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Getting all the required raw materials at the cheapest price from reliable
suppliers that deliver these materials to factories on time, and getting
the finished products delivered to customers are responsibilities of
Select one:
a.materials mgmt
b.SCM
c.distribution
d.procurement
Transcribed Image Text:Getting all the required raw materials at the cheapest price from reliable suppliers that deliver these materials to factories on time, and getting the finished products delivered to customers are responsibilities of Select one: a.materials mgmt b.SCM c.distribution d.procurement
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