Which of the following statements about supply chains is true?
A) Supply chains consist only of customers, retailers, distributors, manufacturers, and suppliers.
B) Not every supply chain has distributors and retailers.
C) Each element in the supply chain can be connected to only one entity up and down.
D) The only source of revenue in a supply chain is the retailer.

Question

Quizplus · Accepted Answer

Not every supply chain has distributors and retailers. A supply chain can involve various entities, such as wholesalers, importers, exporters, and intermediaries. It depends on the nature of the product and the market. Additionally, C is incorrect as each element in the supply chain can have multiple connections up and down. Lastly, D is false as revenue can come from various sources like wholesalers, manufacturers, and suppliers.

Which of the Following Statements About Supply Chains Is True