ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A supply chain is a sequence of firms that perform activities required:
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to find products that are similar
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to facilitate wholesalers inventory selections
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to create synergy in their training programs
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to create and deliver goods to consumers
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Explanation:
Detailed explanation-1: -A supply chain is a sequence of firms that perform activities required to create and deliver a product or service to ultimate consumers or industrial users. It differs from a marketing channel in terms of membership.
Detailed explanation-2: -The correct sequence of an organizations supply chain from a systems perspective is: A. transformation process, delivery to customers, acquisition of resources.
Detailed explanation-3: -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.
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