ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
. Which of the Five Major Flows of the Supply Chain is affected by “disruptions, price volatility, and poor perceived quality of the product or service, process / internal quality failures, deficiency of physical infrastructure, natural disaster or any event damaging the reputation of the firm?”
A
Product Flow
B
Risk Flow
C
Financial Flow
D
Value Flow
Explanation: 

Detailed explanation-1: -There are Five major flows in any supply chain : product flow, financial flow, information flow, value flow & risk flow.

Detailed explanation-2: -The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.

Detailed explanation-3: -Supply chain disruptions lead to shortages of key goods, price inflation, factory closures, unloaded shipping containers and negative effects on a nation’s economic wellbeing.

Detailed explanation-4: -Environmental Uncertainty. Information Technology. Supply Chain Relationships. Manufacturing. Supply Chain Management Performance. Business Management. Customer Satisfaction. 10-Feb-2021

There is 1 question to complete.