Final answer:
The true statement about supply chains is that they include all organizations that contribute to the development, manufacture, and delivery of products to the consumer. This reflects the comprehensive nature of supply chains, which integrate a wide range of processes and participants, including advancements in technology and transportation, with a focus on the value chain and labor rights to enhance total assets and net income.
Step-by-step explanation:
Among the provided statements about a supply chain, statement number 4 is true: A supply chain includes all organizations that contribute to the development, manufacture, and shipping of products to a consumer. A supply chain encompasses the entire flow of goods and services, from the initial sourcing of raw materials to the ultimate delivery of the product to the customer. This includes production, handling, and distribution, as well as post-sale customer returns and service processes.
Advancements in communication technology, the sharing of information, and transportation have enabled the splitting up the value chain, allowing different firms in various locations, sometimes in different countries, to specialize in certain stages of the production process. This trend aligns with the notion that a supply chain can incorporate multiple organizations across geographical boundaries, collectively contributing to the creation and movement of goods and services.
The integration of labor rights and better labor policies with supply chain strategies are suggested as ways to strengthen supply chains, ensuring that labor forces are protected and invested in, which can ultimately affect a company's total assets and net income through more resilient and ethical supply chain practices.