Which of the Following Is Not One of the Three

question 25

Multiple Choice

Which of the following is not one of the three main links in the supply chain?

• A)Materials flow from suppliers and their "downstream" suppliers at all levels
• B)Transformation of materials into semifinished and finished products - the organization's own production processes
• C)Distribution of products to customers and their "downstream" customers at all levels
• D)None of the above

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Definitions:

Arbitrage

The practice of buying and selling the same asset in different markets to profit from price differences.

Vertical Integration

A company's expansion into different stages of production or distribution within the same industry, controlling more of its supply chain.

Upstream Price Discrimination

Differential pricing strategy employed before the product reaches the final consumer, often involving wholesalers or distributors.

Arbitrage

The simultaneous purchase and sale of the same assets in different markets to profit from unequal prices.