All of the following statements accurately describe supply chain management EXCEPT:
A) It is a closed-loop system solely within the project organization's boundaries
B) It spans across suppliers,resellers,project organizations and consumers.
C) It addresses the flow of products,information and funds.
D) It is a system approach to managing the entire flow of physical products.

Question

Quizplus · Accepted Answer

Supply chain management is not a closed-loop system solely within the project organization's boundaries. It involves multiple entities, such as suppliers, resellers, project organizations, and consumers, and aims to manage the flow of products, information, and funds throughout the entire supply chain.

All of the Following Statements Accurately Describe Supply Chain Management