Question: Explain the differences between the marketing and the selling processes. State and explain each of their important steps. Give an example for each approach. How

  1. Explain the differences between the marketing and the selling processes. State and explain each of their important steps. Give an example for each approach. How do they affect Supply Chain Management practices? (40 points)

  1. What are the different modes of transportation? What are the criteria that a business should use in choosing a transportation mode to use? Explain with examples. (40 points)

  1. Describe the Saw-tooth framework for inventory management. Explain the different inventory terms, tradeoffs and decisions associated with model. Give examples. (40 points)

  1. Why is procurement an important function to manage? What are the different types of items that businesses procure? Explain with examples. (30 points)

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