Asked by Isaiah Drayton on May 02, 2024
Verified
Which statement about supply chains is best?
A) New product development is not a supply chain function.
B) If a supplier uses a shipping company to send product to a customer,the shipping company is technically not a supply chain member.
C) Funds in a supply chain flow upstream only.
D) Flows in a supply chain may be managed by an intermediary.
Supply Chains
The entire network of entities, directly or indirectly, involved in the sourcing, production, and distribution of goods or services from suppliers to consumers.
Supply Chain Function
The activities and operations undertaken by entities within a supply chain, from procurement of raw materials to delivery of finished goods.
Shipping Company
A business that provides services for transporting goods by sea, air, or land, from one location to another.
- Assess the involvement of diverse groups in the governance and improvement of supply chain operations.
Verified Answer
Learning Objectives
- Assess the involvement of diverse groups in the governance and improvement of supply chain operations.
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