A Virtual Supply Chain is defined as...

• A. Virtual Supply Chain
• B. Customer Relationship Management
• C. Executive Information System
• D. Management Information System

Answer: (A)

A virtual supply chain means a network of independent organizations connected through information technology to coordinate the flow of goods, information and money. The emphasis is on digital collaboration across multiple firms, not on a single internal system. In a digital world, partners share data in real time, enabling synchronized planning, procurement, production and distribution to improve responsiveness and reduce costs.

This is why the option that literally names the Virtual Supply Chain best fits: it describes the concept itself rather than a particular type of information system. The other options point to specific systems—Customer Relationship Management focuses on customer interactions, Executive Information System targets top-level reporting for executives, and Management Information System provides routine internal management data. While these systems can support supply-chain activities, they do not define what a virtual supply chain is.