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

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 25RQ: In choosing a production technology, how will firms react if one input becomes relatively more...
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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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