ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the supply chain structure, the Distributor is the company on the left. Direction back to source of raw materials
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cheap
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wrong
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -There are three types of main flows that happen in any supply chains: flow of materials/goods, flow of money/cash, and flow of information. There is a forward flow of materials/goods for the regular flow that happens all the way from higher tier suppliers (upstream) to the end-consumer (downstream).
Detailed explanation-2: -The Reverse Supply Chain Model The reverse supply chain can be defined as the process where a company can retrieve a product or service from the customer or other entities that may not want the product and dispose of, recycle, repurpose and/or resell the product or service.
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