Explain the terms supply chain and logistics.

Name the key aspects of supply chain management.

List and briefly explain current trends in supply chain management.

Outline the benefits and risks related to outsourcing.

Explain what the main supply chain risks are and what businesses can do to minimize those risks.

Describe some of the complexities related to global supply chains.

Briefly describe ethical issues in supply chains and the key steps companies can take to avoid ethical problems.

Describe the three concerns of small businesses related to the supply chain and suggest ways to
manage those concerns.