When Discussing the Supply Chain

question 20

Multiple Choice

When discussing the supply chain:

• A)Any concern about vendors would relate only to those vendors with which a company has direct contact.
• B)Service providers would not be part of the supply chain.
• C)Concern would not extend beyond the point where the product is shipped to a customer.
• D)An entity may not be able to directly control all of the interrelated activities within the supply chain.

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Definitions:

Mean

The average of a set of numbers, calculated by adding all the numbers together and then dividing by the count of those numbers.

Data

Information collected for reference or analysis, often numerical, that can be used for calculation and statistical study.

Equal

Describes the state of being the same in quantity, size, degree, or value.

Mean

The average of a set of numerical values, calculated by adding them all up and dividing by the number of values.