A supply chain is the term used to describe a. retailers and distributors. b. tr

Question

A supply chain is the term used to describe a. retailers and distributors. b. transporters and suppliers involved in getting a product to market. c. producers who supply raw materials to manufacturers. d. all of the parties involved in providing raw material and services to get a product to market. e. consumers who buy a product. A supply chain is the term used to describe a. retailers and distributors. b. transporters and suppliers involved in getting a product to market. c. producers who supply raw materials to manufacturers. d. all of the parties involved in providing raw material and services to get a product to market. e. consumers who buy a product. A supply chain is the term used to describe a. retailers and distributors. b. transporters and suppliers involved in getting a product to market. c. producers who supply raw materials to manufacturers. d. all of the parties involved in providing raw material and services to get a product to market. e. consumers who buy a product.

Explanation / Answer

A supply chain is a term used to describe D. All of the parties involved in providing raw material and services to get a product to the market. This includes third-party suppliers, logistic support and all the retailer and distributes which allows the company to utilize all the raw material which could have been sourced from another company or manufactured by the company itself and create a product that could be sold in the market for the consumer to buy. It is the sum total of all the various processes that allow the company to successfully release a product in the market.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.