Question

A network of organizations and business processes for procuring raw materials, transforming these materials into intermediate and finished products, and distributing the finished products to customers is called a(n): distribution channel. marketing channel. supply chain. information system. value chain.

Answer 1

(c)

Supply chain

• It is the network between company and suppliers which is to be created to produce & distribute the particular product to final customer.
• It is the sequence of all organizations, activities, technology, individuals and resources involved in creation (production) and sale (distribution) of a commodity.
• It's main aim is to focus on coordinating among all the departments to improve efficiency, reduce cost, customer satisfaction.
• Supply chain provides the centralized control
• There primary functions are:

1. Purchasing
2. Manufacturing
3. Inventory management
4. Demand Planning
5. Warehousing

• Continuous model, fast model, efficient model etc are the types of supply chain.

learn more about this here-

brainly.com/question/25160870

#SPJ4