The practice of producing the components and raw materials in-house and from suppliers is referred to as supply-chain malfunction.

Question

Quizplus · Accepted Answer

The statement is incorrect. The practice of producing components and raw materials in-house and purchasing from suppliers is generally known as vertical integration. Supply-chain malfunction refers to disruptions or breakdowns in the supply chain, which can result in delays, shortages, or other problems in the production or delivery of goods and services.

The Practice of Producing the Components and Raw Materials In-House