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MGSC 395 Exam 1 University of South Carolina Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Big three areas chart : Finance-- Material and Service Input--Operations-- Product and Service Outputs--Marketing-- Sales revenue-- back to finance Finance : Acquires financial resources and capital for inputs Operations : Translates materials and services into outputs Marketing : Generates sales of outputs Support Functions : -Accounting 2 | P a g e -Information Systems -Human Resources -Engineering Process (Inputs--Process--Output) : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation (Parts of all the processes) : A group of resources performing all or part of one or more processes What is a supply chain?
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