Definition
The supply chain encompasses the network of organizations, activities, resources, and technologies involved in the production, distribution, and delivery of goods and services to customers. It includes suppliers, manufacturers, wholesalers, retailers, logistics providers, and other stakeholders who collaborate to meet customer demand while optimizing efficiency, quality, and cost throughout the entire supply chain process.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.