Which of the following statements is true of the supply chain?
A)All members of the supply chain of a firm must have geographical proximity.
B)Every supply chain must include suppliers, manufacturers, distributors, retailers, and customers.
C)Each organization in the chain is connected to just one company up the chain (toward the supplier)and down the chain (toward the customer).
D)The supply chain includes transportation companies, warehouses, and inventories.

Question

Quizplus · Accepted Answer

The supply chain includes transportation companies, warehouses, and inventories. Option A is incorrect because geographical proximity is not a requirement for members of the supply chain. Option B is incorrect because not all supply chains have the same members; it depends on the nature of the product or service being provided. Option C is incorrect because an organization can be connected to multiple companies up and down the chain.

Which of the Following Statements Is True of the Supply