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A Supply Chain is best described by which of the following: a. A group of cooperative carriers b. A group of collaborative companies c. A formal association of competitive companiesd. Two firms who create a strategic alliance

User Toojays
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1 Answer

1 vote

Answer:

B- A group of collaborative companies.

Step-by-step explanation:

Supply chain is a network which involves different companies collaborating at different points. Total 6 elements are involved in supply chain network:

  • Supplier
  • Manufacturer
  • Distributor
  • wholesaler
  • Retailer
  • Consumer

Except consumer, at every stage a different company is involved and collaborating with the other company to gain profit.

User RD Florida
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