Lazee Ladd Furniture obtains materials from several suppliers and uses these materials to produce its goods. It relies on several marketing intermediaries to help it distribute the furniture. Together, Lazee Ladd, its suppliers, and the marketing intermediaries are all part of a supply chain.

Question

Quizplus · Accepted Answer

This statement is true. A supply chain includes all the entities involved in the production and distribution of a product or service, including suppliers, manufacturers, distributors, and retailers. Lazee Ladd Furniture, its suppliers, and marketing intermediaries are all part of the same supply chain.

Lazee Ladd Furniture Obtains Materials from Several Suppliers and Uses