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A network of organizations used for procuring raw materials, transforming these materials into products, and distributing the products to customers is called _____________________.
Answer & Solution
Correct Answer:
Option
B
A network of organizations used for procuring raw materials, transforming these materials into products, and distributing the products to customers is called Supply chain. A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources.
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