Which of the following is NOT a role of a supply chain in a competitive market?

• A. Coordinating production and distribution activities
• B. Facilitating the movement of goods from producers to consumers
• C. Managing inventory and logistics
• D. Determining the equilibrium price in the market

Answer: (D)

Verified step by step guidance

1. Step 1: Understand the role of a supply chain in a competitive market. A supply chain primarily focuses on coordinating production, managing inventory, logistics, and facilitating the movement of goods from producers to consumers.
2. Step 2: Recognize that the supply chain is concerned with the physical flow of goods and services, ensuring that products are available where and when consumers demand them.
3. Step 3: Recall that determining the equilibrium price in the market is a function of market forces—specifically, the interaction of supply and demand curves—not a direct role of the supply chain.
4. Step 4: Analyze each option to see which one does not fit the supply chain's responsibilities. Coordinating production, distribution, inventory, and logistics are all supply chain functions.
5. Step 5: Conclude that 'Determining the equilibrium price in the market' is NOT a role of the supply chain, as price determination is a market mechanism rather than a supply chain activity.