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    Question

    What is the definition of a supply chain in a business

    context?
    A A hierarchy of leadership within a company Correct Answer Incorrect Answer
    B A collection of businesses that provide goods to each other Correct Answer Incorrect Answer
    C A network of organizations involved in producing and distributing a product Correct Answer Incorrect Answer
    D The total amount of a product available in a market Correct Answer Incorrect Answer

    Solution

    A supply chain refers to the entire network of entities, including suppliers, manufacturers, distributors, logistics providers, and retailers, that work together to design, produce, and deliver a product to the end customer. It encompasses all the stages and processes involved in transforming raw materials into a finished product and getting it to the market.Ā 

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