A Network of Organizations and Business Processes for Procuring Raw

question 77

Multiple Choice

A network of organizations and business processes for procuring raw materials,transforming these materials into intermediate and finished products,and distributing the finished products to customers is called a/an:

• A)distribution channel.
• B)supply chain.
• C)value chain.
• D)marketing channel.
• E)information system.

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Definitions:

Literal Meaning

The basic or primary meaning of a word or phrase, without metaphor or exaggeration.

Obscure Definition

A description or explanation that is not clear, difficult to understand, or not well known.

Abstract Terms

Words that represent concepts or ideas rather than tangible objects or actions, often subjective and open to interpretation.

Poetic Imagery

The use of vivid or figurative language to represent objects, actions, or ideas in literature, particularly in poetry, to evoke a mental image or sensory experience.