________ Involves Systematically Developing Networks of Supplier-Partners to Ensure a Dependable

question 112

Multiple Choice

________ involves systematically developing networks of supplier-partners to ensure a dependable supply of products and materials for use in making products or reselling them to others.

• A) Supplier development
• B) Backsourcing
• C) Supplier quality assurance
• D) Corporate recovery
• E) Executive development

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Definitions:

Proprietorship

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.

Taxed

The imposition of a financial charge or other levy upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Double Taxation

A taxation principle referring to income taxes that are paid twice on the same source of income, common in C-type corporations where income is taxed at both the corporate and shareholder levels.

Corporate

Relating to a large company or group of companies authorized to act as a single entity.