ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which way does money typically flow within a supply chain
A
Upstream
B
Downstream
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The flow of money in the supply chain is the opposite of the flow of materials. While materials move from upstream to downstream, money flows in the opposite direction.

Detailed explanation-2: -What Is the Upstream Supply Chain? The upstream supply chain is the flow of materials necessary to expedite a production process. Upstream processes include outsourcing raw materials-such as plastics, woods, metals, and other more specific and intricate products-and production operating costs to create goods promptly.

Detailed explanation-3: -Here, we will discuss all the processes among companies and within a company through the supply chain. Product flow, information flow, and finances flow are the three main flows associated with supply chain management.

Detailed explanation-4: -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.

There is 1 question to complete.