Alignment w/ All Functional Strategies

Question 1

An examination of all links a company uses to produce and deliver its products and services, starting from the origination point and continuing through delivery to the final customer.

Answer 1

Value Chain Analysis

Question 2

1. In a supply chain management context, it is the subset of supply chain management that controls the forward and reverse movement, handling, and storage of goods between origin and distribution points.
2. In an industrial context, the art and science of obtaining, producing, and distributing material and product in the proper place and in proper quantities.
3. In a military sense (where it has greater usage), its meaning can also include the movement of personnel.

Answer 2

Logistics

Question 3

The identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events to maximize the realization of opportunities.

Answer 3

Risk Management