Gonzales Company has developed an integrated system that coordinates the flow of all goods, services, and information into and out of the organization, working with raw material vendors as well as customers to improve service and reduce costs. The firm is said to be using:
A) participative management.
B) top-down management.
C) strategic cost management.
D) supply chain management.
E) management by objectives (MBO).

Question

Quizplus · Accepted Answer

The description provided matches the definition of supply chain management, which involves coordinating the flow of goods, services, and information from raw material suppliers to the end customers to improve service and reduce costs.

Gonzales Company Has Developed an Integrated System That Coordinates the Flow