ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When suppliers, distributors, and customers partner with each other to improve the performance of the entire system, they are participating in a ____
A
Channel Of Distribution
B
Value Delivery Network
C
Supply Chain
D
Supply And Demand Chain
Explanation: 

Detailed explanation-1: -A network composed of the company, suppliers, distributors, and customers who partner with each other referred as value delivery network. The purpose is to enhance the performance of the entire system in delivering the customer value.

Detailed explanation-2: -Distributors add value to a supply chain between a supply stage and a customer stage. The value added increases if distributors carry products from many manufactures. distributors are the middlemen who helps businesses to take their product or services and provide them to end users or other businesses.

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