A supply chain:
A) focuses on making services available whereas a channel of distribution focuses on making goods available.
B) may involve many firms, but only one manufacturer.
C) includes all the activities involved in procuring materials, transforming them into products, and distributing them to customers.
D) is easier to coordinate than a channel of distribution.
E) all of the above.

Question

Quizplus · Accepted Answer

The definition of a supply chain includes all the activities involved in procuring materials, transforming them into products, and distributing them to customers. This involves multiple firms and manufacturers, as well as the coordination of different processes and logistics. Choice A is incorrect as a supply chain can involve both goods and services. Choice B is incorrect as a supply chain may involve multiple manufacturers. Choice D is incorrect as a supply chain is often more complex and difficult to coordinate than a channel of distribution.

A Supply Chain