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1

Business is a standardized set of activities that accomplish a specific task.
2

Business process reengineering is the analysis and redesign of within and between enterprises.
3

Supply chain involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability.
4

Supply chain strategy is the for managing all the resources required to meet customer demand for all products and services.
5

resource planning systems integrate all departments and functions throughout an organization into a single IT system.





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