Supply Chain Management
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Questions and Answers

What is the primary function of a chain of supply?

  • To manage inventory levels
  • To set product prices
  • To determine market demand
  • To move a product from producer to consumer (correct)

    • What components make up a chain of supply?

  • Only activities and information
  • Only people and resources
  • People, resources, activities, and information (correct)
  • Only inventory and logistics

    • What is the starting point of a chain of supply?

  • The producer (correct)
  • The consumer
  • The retailer
  • The wholesaler

    • What is the main goal of a chain of supply?

    <p>To distribute products efficiently</p> Signup and view all the answers

    What type of system is a chain of supply?

    <p>Complex system</p> Signup and view all the answers

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