The term ________ is commonly used to refer to a collection of companies and processes involved in moving a product from the suppliers of raw materials to the customer.

Question

Quizplus · Accepted Answer

The term supply chain is commonly used to refer to the collection of companies and processes involved in moving a product from the suppliers of raw materials to the customer. The term supply warehouse refers to a specific type of storage facility, procurement refers to the process of purchasing goods or services, demand chain is not a commonly used term, and value network refers to a broader concept that includes not only suppliers and customers but also other stakeholders involved in creating value for the customer.

The Term ________ Is Commonly Used to Refer to a Collection