ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Downstream Supply Chain consists of the processes involved in delivering products to consumers.
A
cheap
B
wrong
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The downstream part of the supply chain includes processes used to create finished goods and the distribution and sale of the goods. Downstream operation sales may be wholesale, business-to-business sales or retail sales to end consumers.

Detailed explanation-2: -The downstream portion consists of the organizations and processes for distributing and delivering products to the final customers. The manufacturer also has internal supply chain processes for transforming the materials and services furnished by suppliers into finished goods and for managing materials and inventory.

Detailed explanation-3: -Often, different stages within the supply chain are referred to as upstream or downstream. Upstream operations are those in which the materials flow into the organization. Downstream operations are those in which materials (mostly in the form of finished products) flow away from the organization to the customers.

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