Which of the Following Statements Best Describes How a Supply

question 124

Multiple Choice

Which of the following statements best describes how a supply chain differs from a marketing channel?

• A)Communication is more important in the marketing channel than in the supply chain.
• B)The marketing channel places more emphasis on cost-effectiveness than the supply chain.
• C)A marketing channel includes suppliers that provide raw material inputs to a manufacturer.
• D)A supply network moves materials from producer to consumer while a marketing channel moves materials from the supplier to the producer.
• E)A supply chain includes suppliers;marketing channels do not.

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Definitions:

Processed Item

An item that has undergone a series of actions or steps to bring it to a specified state, often referring to manufactured or packaged goods.

Lead Time

The elapsed time between starting a unit of product into the beginning of a process and its completion. Also called throughput time.

Elapsed Time

The amount of time that has passed from the beginning of an event or activity to a specific point.

Beginning of Process

The stage in production at which the manufacture of goods or processing of materials starts.