Supply Chain Fundamentals Quiz

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Questions and Answers

What does the term 'supply chain' encompass?

All stages involved, directly or indirectly, in fulfilling a customer request. (correct)
Includes movement of products from suppliers to manufacturers to distributors, and information, funds, and products in both directions.
Within each company, the supply chain includes all functions involved in fulfilling a customer request (product development, marketing, operations, distribution, finance, customer service).
May be more accurate to use the term 'supply network' or 'supply web'.

What is the role of the customer in the supply chain?

Includes movement of products from suppliers to manufacturers to distributors, and information, funds, and products in both directions.
Typical supply chain stages: customers, retailers, distributors, manufacturers, suppliers.
May be more accurate to use the term 'supply network' or 'supply web'.
Customer is an integral part of the supply chain. (correct)

Which term could be used interchangeably with 'supply chain' based on the information provided?

Supply network (correct)
Includes movement of products from suppliers to manufacturers to distributors, and information, funds, and products in both directions.
Customers, retailers, distributors, manufacturers, suppliers.
Supply web

What does the supply chain encompass within each company?

<p>Within each company, the supply chain includes all functions involved in fulfilling a customer request (product development, marketing, operations, distribution, finance, customer service). (A)</p> Signup and view all the answers