Achieving efficiency in all aspects of the ___ while ensuring on-time availability of quality resources for customer-driven organizations is the fundamental goal of ___.

A) value chain; value chain management
B) quality chain; quality chain management
C) supply chain; supply chain management
D) customer chain; customer chain management
E) production chain; production chain management

Value Chain Management

The process of managing activities and processes to create value for customers, from product design to final sales and after-sales service.

Supply Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Quality Chain

A sequence of activities or processes that aim to ensure and enhance the quality of products or services at every stage.