Match the Term with Its Definition

question 123

Multiple Choice

Match the term with its definition.
-A form of corporation for enterprises established to serve civic, educational, charitable, or religious purposes; not for generation of profits

• A)board of directors
• B)general partner
• C)legal entity
• D)limited liability company
• E)limited partners
• F)nonprofit corporation
• G)partnership agreement
• H)sole proprietorship
• I)social network

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Definitions:

Supplier Performance

The assessment of a supplier's ability to meet buyer expectations, including factors such as product quality, delivery time, and compliance with terms.

Rapid Response

The ability to react quickly and effectively to unexpected situations or changes, often crucial in emergency or customer service scenarios.

On-Time Delivery

The process of delivering goods or services to customers at the promised or scheduled time without delays.

Supply Chain Management

The administration of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.