Asked by Xhorxhina Gjoni on Jun 24, 2024

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A small business may use a web portal as a means of forming a supply chain that can respond to its needs.

Web Portal

An Internet site whose purpose is to be a major starting point for users when they connect to the web.

Supply Chain

The network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of raw material from the supplier to the final delivery to the end customer.

  • Understand the importance of efficiency in supply chain management.
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JW
Jasmine WilliamsJun 29, 2024
Final Answer :
True
Explanation :
A web portal can provide a platform for small businesses to connect with suppliers and vendors, enabling them to form a supply chain that is capable of meeting their specific needs. Through the portal, businesses can communicate with potential partners, negotiate deals, and track the flow of goods and services between different parties in the supply chain. This can help them to improve their efficiency and reduce costs, as well as enabling them to be more responsive to changing market conditions.