Question

Each stage in a supply chain is connected through the flow of products, information, and funds. These flows often occur in both directions and are usually managed by

Select one:
a. upper management
b. pricing department
c. one of the stages
d. engineering department

Answer 1

Each stage of a supply chain is interconnected through various flows that are typically managed by upper management. They oversee strategic decisions that involve budget allocation, product design, and engineering processes.

Step-by-step explanation:

In the scenario described by the student's question, each stage of a supply chain is interconnected through the flow of products, information, and funds, which often flow in both directions. Typically, these flows are managed not by any singular department but by upper management. Upper management is responsible for overseeing the broad strategic decisions and ensuring that each flow is managed efficiently to meet the company's overall business objectives.

For example, the budget for product development would be managed at the upper management level to ensure financial resources are well allocated. Similarly, decisions regarding the engineering design process and the creation of drawings used to design a product are also under the oversight of upper management to ensure that the technical and design aspects align with business strategies.