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Scope of material management?
Material management deals with the building design for the movements of the materials. It also leads with the logistics as far as the movement of the materials is concerned.
What are the functions of supply chain management?
strategic function: channel design: and network strategy tactical function: warehousing design and operation : transportation management: materials management operational function information system: policies and procedures :change management
What are essential factors in the productive process?
management,capital,labor, and raw materials........<NovaNet> i think!
What dose economy mean?
thrifty management; frugality in the expenditure or consumption of money, materials, etc.
What is economy in simple terms?
Economy is the careful management of resources, such as money, materials, or labor. A saving is an example or result of such management. To make out the household budget results in a form of economy.
