A Supply Chain Driven by Actual Customer Orders Is Called

question 33

Multiple Choice

A supply chain driven by actual customer orders is called a ________ model.

• A)supply-based
• B)demand-driven
• C)replenishment-driven
• D)pull-based
• E)market-driven

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Definitions:

Business Entity Assumption

A principle in accounting that treats a business as separate from its owners or other businesses, allowing for independent financial accounting and reporting.

Accounting Equation

The accounting equation, Assets = Liabilities + Equity, is the fundamental formula in accounting, ensuring that a company's balance sheet is balanced.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the owners' share.

Assets

Resources owned or controlled by a business or an individual that are expected to produce positive economic value.