Question

Identify the correct sequence of stages in the Cycle View of Supply Chain Processes:

A) Supplier stage markets product - Buyer stage places order - Supplier stage receives order - Supplier stage supplies order - Buyer stage receives supply - Buyer returns reverse flows to supplier or third party

B) Buyer stage places order - Supplier stage markets product - Supplier stage receives order - Buyer stage receives supply - Supplier stage supplies order - Buyer returns reverse flows to supplier or third party

C) Supplier stage markets product - Supplier stage receives order - Buyer stage places order - Supplier stage supplies order - Buyer stage receives supply - Buyer returns reverse flows to supplier or third party

D) Buyer stage places order - Supplier stage markets product - Supplier stage receives order - Supplier stage supplies order - Buyer stage receives supply - Buyer returns reverse flows to supplier or third party

Answer 1

the correct answer is A. This sequence begins with the supplier advertising or marketing their product, which is necessary for the buyer to know about the product and make a purchase decision.

Step-by-step explanation:

In the Cycle View of Supply Chain Processes, the correct sequence of stages is: Supplier stages market product, buyer stage places order, supplier stage receives order, supplier stage supplies order, buyer stage receives supply, and finally, the buyer returns reverse flows to supplier or third party.

Therefore, After the marketing stage, the buyer places an order, which the supplier then receives. The supplier must then fulfill and send the order to the buyer. Once the buyer receives the supply, there may be reverse flows, such as returns or recycling, which the buyer sends back to the supplier or to a designated third party.