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
A)distribution channel.
B)supply chain.
C)value chain.
D)marketing channel.
E)information system.

Question

Quizplus · Accepted Answer

A supply chain is a network of organizations and processes involved in the creation and delivery of a product or service to customers. It includes all the activities related to procurement, production, and distribution of goods or services. The supply chain starts with the raw materials and ends with the delivery of finished products to the end customers.

A Network of Organizations and Business Processes for Procuring Raw