Which of the following refers to the interconnected network of processes across different firms that produce a service or product to the satisfaction of customers ?
A) General process
B) Demand factor
C) Chain reaction
D) Supply chain

Question

Quizplus · Accepted Answer

The term "supply chain" refers to the series of interconnected processes and activities that are involved in the production and delivery of goods or services. This includes everything from sourcing raw materials to manufacturing, transportation, logistics, and distribution to the end customer. The goal of a supply chain is to ensure that products or services are delivered to customers in a timely and cost-effective manner while meeting their quality and performance expectations.

Which of the Following Refers to the Interconnected Network of Processes