ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A business’ supply chain includes ____
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all companies involved in the upstream flow
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all companies involved in the downstream flow
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all processes from raw materials to consumption
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All of the Above
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Explanation:
Detailed explanation-1: -Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive.
Detailed explanation-2: -While supply chain is a very broad career field, it has 7 primary functional areas: Purchasing, Manufacturing, Inventory Management, Demand Planning, Warehousing, Transportation, and Customer Service.
Detailed explanation-3: -Continuous Flow. This is one of the most traditional models on the list. Fast chain. The fast chain model is one of the new names in supply chain strategies. Efficient Chain. Agile. Custom-configured. Flexible. 10-May-2022
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