________ describes the flow of goods, services, and information from the initial sources of materials and services to the delivery of products to consumers, regardless of whether those activities occur in the same organization or in other organizations.
A)The value chain
B)The supply chain
C)Product differentiation
D)Distribution

Question

Quizplus · Accepted Answer

The description provided matches the definition of the supply chain, which encompasses the various activities involved in bringing a product or service from raw materials to the end consumer. The value chain refers specifically to the value-adding activities within a particular organization, while product differentiation describes the process of making a product distinct from its competitors. Distribution is a subset of the supply chain that specifically refers to the movement of goods from the producer to the end consumer.

________ Describes the Flow of Goods, Services, and Information from the Initial