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1) Every business fits into one or more supply chains and has a role to play in

ID: 357112 • Letter: 1

Question

1) Every business fits into one or more supply chains and has a role to play in each of them ? TRUE OR FALSE
2) the goal of supply chain management is to increase sales of goods to customers while at the same time increase both inventory and operating expenses. TRUE OR FALSE
3) using service providers are not beneficial to organizations because service providers do not have expertise in any particular area
4) a major participant in supply chains are service providers. Common service providers in any supply chain included all except A) transportation companies like UPS B) Retail stores C)Banks D) Market researchers and advertisers
1) Every business fits into one or more supply chains and has a role to play in each of them ? TRUE OR FALSE
2) the goal of supply chain management is to increase sales of goods to customers while at the same time increase both inventory and operating expenses. TRUE OR FALSE
3) using service providers are not beneficial to organizations because service providers do not have expertise in any particular area
4) a major participant in supply chains are service providers. Common service providers in any supply chain included all except A) transportation companies like UPS B) Retail stores C)Banks D) Market researchers and advertisers

2) the goal of supply chain management is to increase sales of goods to customers while at the same time increase both inventory and operating expenses. TRUE OR FALSE
3) using service providers are not beneficial to organizations because service providers do not have expertise in any particular area
4) a major participant in supply chains are service providers. Common service providers in any supply chain included all except A) transportation companies like UPS B) Retail stores C)Banks D) Market researchers and advertisers

Explanation / Answer

1) Every business fits into one or more supply chains and has a role to play in each of them ?

TRUE

All businesses need inputs to make a product or deliver a service.

2) the goal of supply chain management is to increase sales of goods to customers while at the same time increase both inventory and operating expenses.

FALSE

Increasing sales while decreasing inventory and operating expenses

3) using service providers are not beneficial to organizations because service providers do not have expertise in any particular area

FALSE

The fact that they have expertise in a particular area is the reason why we include them in the business

4) a major participant in supply chains are service providers. Common service providers in any supply chain included all except

D) Market researchers and advertisers