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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
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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:

  1. Enterprise Asset Management: This process typically involves managing a company's physical assets throughout their lifecycle to maximize their value and ensure compliance.

  2. 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.

  3. Production: This process relates to the manufacturing and creation of goods, encompassing the entire process from raw materials to finished products.

  4. 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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