Supply Chains Involve Three Main Flows

question 29

Multiple Choice

Supply chains involve three main flows.Which of the following is not one of those main flows?

• A)Payments or financial
• B)Resource
• C)Data
• D)Material

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Definitions:

Higher Price

Refers to the increased cost of goods or services compared to previous prices or competitors' prices.

Broad Array

a wide and varied selection of items, options, or choices available within a particular category.

Quality Focus

The commitment to ensuring high standards of quality in products or services, often through continuous improvement processes.

Cost Leadership

A business strategy focused on achieving the lowest operational costs in an industry to offer products or services at competitive prices.