Which of the Following Is the Weakest Link in Business

question 11

Multiple Choice

Which of the following is the weakest link in business, industry, and government today?

• A) Technology
• B) Tools and equipment
• C) Physical plant and facilities
• D) Systems and procedures
• E) Leadership

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Definitions:

Suppliers

Entities or individuals that provide goods or services to other entities or individuals, typically within a business or manufacturing process.

Short-term Financing

Refers to the obtaining of loans or other monetary support for a period of typically less than one year, to address immediate financial needs.

Long-term Financing

Funding obtained for a time frame exceeding one year in duration, typically used for acquiring or investing in assets that have a long useful life.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, and opportunity costs, impacting a company's financial performance.