ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Supply chain:
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The close co-operation of all parties involved in the making, selling, and delivering ofa product
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Network of stores that supply customers with a wide variety of products
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Detailed explanation-2: -The upstream portion of the supply chain includes the organization’s suppliers and the processes for managing relationships with them. The downstream portion consists of the organizations and processes for distributing and delivering products to the final customers.
There is 1 question to complete.