Walmart uses the following tool to keep track of its pork that it sources from China by recording where each piece of meet came from, where it was processed, where it was stored and its sell-by-date. This tool is:

SUPPLY CHAIN MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Walmart uses the following tool to keep track of its pork that it sources from China by recording where each piece of meet came from, where it was processed, where it was stored and its’ sell-by-date. This tool is:

A	Cold Chain
B	Block Chain
C	Value Chain
D	Flow Chain

Explanation:

Detailed explanation-1: -Walmart, along with JD, IBM, and Tsinghua University in Beijing, built a Blockchain ledger to track the movement of pork for its Chinese supply chain in 2016, which was a part of the new consortium to enhance food safety.

Detailed explanation-2: -Users can reduce costs through the reduction of time spent auditing and traceability checks which are automated in a blockchain environment. Walmart’s supply chain has a global reach and complexity. The vast amounts of data collected from this network are vast in number, which makes optimization and tracking difficult.

Detailed explanation-3: -Financial transactions: Blockchains like Bitcoin and Dogecoin use the ledger to store the data of transactions of their cryptocurrencies. Code blocks: Blockchain like Ethereum use it to store code in the form of smart contracts, which serves as the basis of the concept of Dapps.

There is 1 question to complete.

ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT