When a customer visits the website of a company selling computers, the website provides the customer with information regarding pricing, product variety, and product availability.The customer makes a product choice.The order then goes to the assembly plant and then to all of the company's vendors and their vendors.This is an example of a(n):
A)stock valuation.
B)demand optimization.
C)inventory control.
D)demand chain.
E)supply chain.

Question

Quizplus · Accepted Answer

This scenario describes the process of a supply chain, where the customer's order is fulfilled by a network of suppliers and vendors. The supply chain involves the flow of goods and information from the raw material suppliers to the end customers, and includes various activities such as production, transportation, and distribution. Choice D (demand chain) is not a commonly used term, and may refer to a subset of activities in the overall supply chain. Choices A, B, and C are all related to specific aspects of inventory management and financial analysis, but do not encompass the entire process of fulfilling customer orders through a network of suppliers.

When a Customer Visits the Website of a Company Selling