Amazon Uses Supply Chain and Logistics Management to

question 117

Multiple Choice

Amazon uses supply chain and logistics management to

• A) make sure that it maintains the authority that comes with being the channel captain.
• B) avoid having to use quick response replenishment.
• C) lessen the amount of communication that is necessary between it and its suppliers.
• D) manage the flow of products from its suppliers to its distribution centers.
• E) implement its market divestment strategies.

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Definitions:

Corporate Charter

A legal document issued by a government that establishes a corporation as a legal entity and outlines its rights and obligations.

Formal Accounting

A systematic process for recording, summarizing, and reporting the financial transactions of an organization, adhering to standardized guidelines and principles.

Initial Capital

The amount of money that is invested in a business at the start, used to cover startup costs and initial operating expenses.

Cumulative Preferred Stock

A type of preferred stock whose dividends accumulate if not paid in a given year and must be paid out before common stock dividends.