The Importance of Time, Dependability, Communication, and Convenience Are All

question 309

Multiple Choice

The importance of time, dependability, communication, and convenience are all important concepts of __________, within the context of the supply chain.

• A)customer service
• B)supplier service
• C)wholesaler service
• D)retailer service
• E)stakeholder service

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Definitions:

Benefit

An advantage, privilege, or financial aid that is granted to an individual or group, often from an employer, government, or institution.

Sale of Goods Act

Legislation governing the sale of goods, ensuring that goods sold meet certain quality and ownership criteria.

Title and Possession

Legal terms that refer to the ownership (title) of an asset and the control or occupation of it (possession).

Money

A medium of exchange, unit of account, and store of value that facilitates the transaction of goods and services.