Which of the following statements about supply chains is correct?
A)Supply chains consist only of customers,retailers,distributors,manufacturers,and suppliers.
B)Not every supply chain has distributors and retailers.
C)Each element in the supply chain is connected to only one entity up and down.
D)The only source of revenue in a supply chain is the retailer.

Question

Quizplus · Accepted Answer

Supply chains can have various configurations and may not necessarily include distributors and retailers. Some supply chains may involve direct-to-consumer or business-to-business transactions without intermediaries. Options A and C are incorrect as supply chains may also involve other entities such as transporters, wholesalers, and service providers. Option D is incorrect as each element in the supply chain can generate revenue.

Which of the Following Statements About Supply Chains Is Correct