Which of the following best describes a global supply chain?

A global supply chain is characterized by its ability to coordinate production and distribution across multiple countries, which is essential for businesses operating in an interconnected global economy. This approach allows firms to leverage resources, labor, and materials from various regions to optimize efficiency and reduce costs. By managing supply chain operations on a global scale, companies can respond more effectively to market demands, ensure timely delivery, and maintain competitive advantages through strategic sourcing and logistics.

In contrast, the other options reflect limited scopes. A local network of suppliers pertains only to a specific market, which does not align with the concept of global operations. A centralized production facility with no international links suggests a purely domestic focus, lacking the diverse input and reach that define a global supply chain. Lastly, a supply chain focused solely on domestic operations ignores the benefits of global integration, including diversification of risk and access to a broader customer base. Each of these alternatives fails to embody the interconnectedness and complexity inherent to global supply chains, making the third choice the most accurate representation.