HSC Business Studies – Operations Practice Test

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards

From $12.50Unlock all

Session length

1 / 20

What does supply chain management involve?

Managing only internal operations

Marketing to customers

Integrating and managing flow of supplies throughout inputs, transformation processes and outputs to best meet the needs of customers

Supply chain management is about coordinating and optimizing the whole system that moves goods from suppliers to customers. It focuses on integrating and managing the flow of supplies—across inputs, the transformation process, and outputs—to meet what customers need in the most efficient way. This includes sourcing, production planning, inventory and logistics, and collaboration with suppliers and distributors to deliver value.

That’s why the best choice is the one that emphasizes integrating and managing the flow of supplies through all stages to satisfy customers. It’s not just about internal operations, marketing to customers, or human resources, which are separate areas within a business.

Human resource management