A network of organizations and business processes for procuring raw materials,transforming these materials into intermediate and finished products,and distributing the finished products to customers is called a(n):
A)distribution channel.
B)supply chain.
C)value chain.
D)marketing channel.
E)information system.

Question

Quizplus · Accepted Answer

A supply chain involves the flow of products and services from raw materials to the final customer, including all the organizations and processes involved in this flow. A distribution channel is part of the supply chain that involves the transfer of products from the manufacturer to the consumer. A value chain refers to the activities a company performs to create value for its customers. A marketing channel is similar to a distribution channel and refers to the various parties involved in getting a product or service to the end-user. An information system is a tool used to collect, process, and distribute information.

A Network of Organizations and Business Processes for Procuring Raw