Asked by Cedrick Ceballos on Jul 13, 2024
Verified
Today, ________ dominate supply chains.
A) large retailers
B) manufacturers
C) government agencies
D) wholesalers
E) distributors
Supply Chains
refer to the interconnected network of organizations, people, activities, information, and resources involved in supplying a product or service from supplier to customer.
Large Retailers
Retail businesses that operate on a large scale, typically having extensive networks of stores and considerable market presence.
- Gain insight into how supply chains have evolved and the transition in their control mechanisms.
Verified Answer
MM
Mugwiria MonicahJul 15, 2024
Final Answer :
A
Explanation :
Large retailers have significant influence over supply chains due to their purchasing power and ability to dictate terms to manufacturers, wholesalers, and distributors. They often set the standards and expectations for delivery times, product quality, and pricing throughout the supply chain.
Learning Objectives
- Gain insight into how supply chains have evolved and the transition in their control mechanisms.