Question

Supply Chains exists in organizations that are large/small, public/private, for-profit/non-profit?

1) True
2) False

Answer 1

Supply chains are indeed present in all types of organizations, regardless of their size, nature, or purpose, to effectively meet customer demands and market needs.

Step-by-step explanation:

It is true that supply chains exist in organizations that are large/small, public/private, for-profit/non-profit. A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. These chains encompass various types of organizations, including sole proprietorships, partnerships, corporations, non-profits, and government entities. Their purpose is to ensure the effective and efficient movement of goods and services to meet customer demand and to respond to market signals. Even during challenges such as the COVID-19 pandemic, it is essential to maintain supply chains through technological advancement, robust transportation methods, and sound policy-making to minimize disruptions and continue supporting both the economy and the workforce.

Answer 2

True, supply chains exist in organizations of all sizes and types, including large and small, public and private, for-profit and non-profit.

Step-by-step explanation:

True, supply chains exist in organizations of all sizes and types, including large and small, public and private, for-profit and non-profit. Supply chains are essential for the efficient movement of goods and services from suppliers to manufacturers to distributors to retailers and ultimately to consumers. For example, a large for-profit organization like Apple relies on a complex global supply chain to source components for its products and ensure their availability in the market.