What is the primary purpose of a supply chain?

• To oversee marketing strategies

• To handle financial transactions

• To serve the same consumer or customer

• To manage employee relations

Which of the following is NOT a component of a supply chain?

• Producers

• Retailers

• Marketing teams

• Vendors

What does logistics primarily refer to?

• The management of customer relations

• The purchasing of raw materials

• The distribution process within a company

• The entire supply chain process

What initiates the supply chain process?

• The purchasing department

• The customer

• The sales department

• The production facility

What is the role of the purchasing department?

• To select suppliers for raw materials

• To receive and process sales orders

• To manufacture products

• To manage inventory levels

Where are raw materials stored until needed?

• In the retail store

• In the warehouse

• In the distribution center

• In the production area

What happens after the finished products are manufactured?

• They are immediately shipped to customers

• They are stored back in the warehouse

• They are sent to the marketing department

• They are discarded if unsold

What does the transportation department determine?

• The most efficient shipping method

• The inventory levels

• The price of the products

• The production schedule

Which of the following best describes a simple supply chain?

• It involves multiple companies and complex processes

• It consists of several linked elements by product movement

• It does not include customer interactions

• It is only concerned with raw material suppliers

What is the final step in the supply chain process?

• Manufacturing the product

• Receiving payment from the customer

• Delivering the product to the retailer

• Shipping the product