Which of the following tracks a product from design, continuing through manufacture, and culminating with the disposal of the product at the end of its life?
A)the supply chain
B)the value chain
C)the product life cycle
D)none of the above

Question

Quizplus · Accepted Answer

The product life cycle is a framework that tracks a product from design, through manufacturing, marketing, and sales, and culminating with the disposal of the product at the end of its useful life. The supply chain refers to the network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. The value chain is a concept that describes the way a company creates value by adding utility to its products or services at each stage of production. Neither of these concepts encompasses the full scope of product management from design to disposal.

Which of the Following Tracks a Product from Design, Continuing