In a Brief Essay,explain the Concept of the Supply Chain

question 94

Essay

In a brief essay,explain the concept of the supply chain.

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Definitions:

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Bottling Company

A company involved in the business of packaging beverages for distribution and sale.

Global Market

The international marketplace where goods, services, currencies, and information are exchanged across national boundaries.

Tariffs

Taxes on foreign products that discourage imports.