Question: Answer questions 1 & 7 1. What, in general, do you understand by supply chain management? 2. Can you develop a supply chain for the

Answer questions 1 & 7Answer questions 1 & 7 1. What, in general, do

1. What, in general, do you understand by supply chain management? 2. Can you develop a supply chain for the production of a management book? 3. What are the various supplier costs? Explain with examples. 4. What are the various sales and marketing costs? Explain with examples. 5. What are some of the reasons for adopting supply chain management systems? 6. Discuss some of the critical areas for development of supply chain systems. 7. What are some of the supply chain strategies? 8. What factors would you take into consideration in the selection of vendors

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