Which of the Following Is Not One of the Three

question 1

Multiple Choice

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

• A)Flow of materials from suppliers and their "downstream" suppliers at all levels.
• B)Transformation of materials into semi finished 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 these.

---

Definitions:

Market Demand

Represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices over a specific period of time.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage.

Gasoline Supply

The total amount of gasoline available for purchase in a market, influenced by factors like production rates and import levels.

Price Elasticity of Supply

An indicator of the responsiveness of the supply of a product to variations in its price.