Expert Q&A; Done 1. In an extended supply chain, besides the company and their s

Question

Expert Q&A; Done 1. In an extended supply chain, besides the company and their suppliers and customers- additional particaipants are A) the supplier's supplier (ultimate supplier) service providers B) the customers customer (ultimate customer) C) the service providers D) all the above 2. In offshoring, business operations of your company A) is performed by another company (outsourced)located in the same country B) is performed by another company(outsourced) located in a foreign country C) is outsourced to other companies located both in the same country and in a foreign country D) is performed by employees of your company who are located in a foreign country Supply chain refers to networks of companies that work together and coordinate their actions to deliver a product to market TRUE OR FALSE

Explanation / Answer

267) Answer-1) B) the customers customer (Ultimate customer)

The term “supply chain” is defined by business processes characterized by the creation and sale of a product, starting from the delivery of source materials from the supplier to the manufacturer, and extending up through its eventual delivery to the end user.

Answer-2) D) Performed by the employees of your company who are located in a foreign country.

Off shoring is the relocation of a business process from one country to another, typically an operational process like, manufacturing, or supporting processes, such as accounting. Typically this refers to a company business, although state governments may also employ off shoring.

Answer-3) True statements- Refers to networks of independent companies that work together and coordinate their actions to deliver a product or service to market for the benefit of all companies in the network.

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