Question

The ________ describes the flow of goods, services, and information from the initial sources of materials and services to the delivery of products to consumers. A) customer list B) enterprise requirements plan (ERP) C) material requirements plan (MRP) D) supply chain

Answer 1

Answer:

D) supply chain

Explanation:

A supply chain is a system that includes people, activities, technology, and organizations that take part in the creation and sales of a product. The supply chain begins with the acquisition of raw materials from suppliers to the delivery of finished products to the end-users. The entities in supply chains include transporters, warehouses, distributors, wholesalers, and retailers.

In an organization, supply chain management oversights the flow of information, materials, and finances as they flow from suppliers to manufacturing and eventually to consumers. Therefore, the supply chain is a network between a business and its suppliers and the distribution channels. The functions of the supply chain cut across the production, finance, marketing, and customer service departments.