The supply chain is also referred to as the ________.
A) distribution chain
B) distribution network
C) value chain
D) supply network

Question

Quizplus · Accepted Answer

While all of the options could refer to the supply chain, the term most commonly associated with the series of activities that take a product or service from its creation to delivery to the end customer is the value chain. This term highlights the value that is added at each step in the process, from sourcing raw materials to marketing and sales. The other options are still useful ways to describe the various aspects of the supply chain, but they may not necessarily capture the entire scope of what is involved.

The Supply Chain Is Also Referred to as the ________