is a systems approach to Managing the entire flow of information, materials, and services from raw material suppliers through factories and warehouses to the end customer.

Related MCQs

• facilitates transactions between buyer and sellers by providing comprehensive information and ancillary services, without being involved in the actual exchange of goods and services between the parties.
• is an approach to deliver information differentiated business values called services by combining the system and process generally called resources
• is a form of supply chain where a wide variety of finished goods are produced with limited number of raw material or components.
• streamlines the flow of information and self service capabilities through automation
• is essentially a business process that connects manufacturers, retailers, customers and suppliers in the form of a chain to develop and deliver products.
• A company that manufacturers bicycles may use the internet to purchase tyres from their suppliers. This is an example of transaction.
• is concerned with the buying and selling information, products and services over computer communication networks
• is the buying and selling of goods and services through wireless handled devices such as cellular phone and Personal Digital Assistants
• is an application layer protocol for distributed, collaborative, hypermedia information systems.
• is the exchange of services, information or product from one business to a government agency