Match the following business process MAKEGroup of answer choicesEnterprise Asset ManagementInventory and Warehouse ManagementProductionProcurement
Question
Match the following business process
- MAKE
- Group of answer choices
- Enterprise Asset Management
- Inventory and Warehouse Management
- Production
- Procurement
Solution
To match the following business process with the appropriate choices, we need to understand each business process and its relation to the typical functions they support. Here’s a brief overview:
-
Enterprise Asset Management: This process typically involves managing a company's physical assets throughout their lifecycle to maximize their value and ensure compliance.
-
Inventory and Warehouse Management: This refers to the activities involved in overseeing and controlling the storage and movement of goods within a warehouse and managing inventory levels.
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Production: This process relates to the manufacturing and creation of goods, encompassing the entire process from raw materials to finished products.
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Procurement: This involves acquiring goods and services for a company, focusing on sourcing and purchasing.
Final Matching
- Enterprise Asset Management -> Managing assets efficiently within a business context.
- Inventory and Warehouse Management -> Overseeing goods storage and inventory levels.
- Production -> Involves creating products.
- Procurement -> Focuses on the purchasing of goods and services.
Please match appropriately based on this understanding. If there are specific items to match, please provide them for more detailed assistance.
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