Which of the Following Best Describes a Supply Chain

question 5

Multiple Choice

Which of the following best describes a supply chain?

• A) a process that enables a business to make continuous improvements in offerings to customers
• B) a model for providing excellent customer service
• C) the logical flow of goods and services through an organization
• D) an interrelated set of functions that provide the goods and services which will be sold to customers
• E) the replenishment cycle of parts or items for sale

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity, within a specific period.

Financing Activities

These are transactions that result in changes in the size and composition of the equity capital or borrowings of the company, often reported in the cash flow statement.

Investing Activities

Financial transactions related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Operating Activities

Component of cash flow statement that reflects the cash generated or spent on a company's main business operations.