Question

Although nearly any organization can be part of a supply chain, supply chain management requires: Group of answer choices the participation of world-class organizations at least one organization to be a multinational company the involvement of third-party logistics companies overt management efforts by the organizations in a supply chain

Answer 1

Answer: Involvement of third-party logistics companies

Step-by-step explanation:

Supply Chain management involves the integration of all processes that have to do with the production of goods and services from the acquisition of raw materials to the production of final goods and services. This integration is meant to make the process more efficient so that the company may gain a competitive advantage over its rivals.

No supply chain can survive with the presence of a third-part logistics company who will help it transport the goods and services at any point they need to be transported especially with regards to the acquisition of raw materials. The third party company will help convey the raw materials to the company as well as the final goods and services to retailers and other destinations.