Which of the following includes all the activities necessary to convert raw materials into a good or service and put it in the hands of the consumer or business customer?
A) the supply chain
B) the vertical marketing system
C) the channel of distribution
D) the retailer chain
E) the industrial network

Question

Quizplus · Accepted Answer

The supply chain includes all the activities necessary to convert raw materials into a good or service and put it in the hands of the consumer or business customer. This includes sourcing raw materials, manufacturing or production, transportation, distribution, and ultimately, retailing or delivery to the end consumer. Vertical marketing systems, channel of distribution, retailer chains, and industrial networks are all part of the supply chain, but do not encompass all the necessary activities.

Which of the Following Includes All the Activities Necessary to Convert