Which of the Following Is Not True of the Supply

question 12

Multiple Choice

Which of the following is not true of the supply chain?

• A)The supply chain includes vendors.
• B)The supply chain excludes customers.
• C)The supply chain includes information flows.
• D)The supply chain includes secondary suppliers.

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Definitions:

Fiduciary Duty

An obligation to act in the best interest of another party, emphasizing trust, honesty, and loyalty.

Real-Estate Agent

A licensed professional who arranges real estate transactions, putting buyers and sellers together and acting as their representative in negotiations.

Commission

A fee or percentage of a sale paid to an employee or agent for their services in facilitating the sale.

Principals

In a legal context, individuals or entities who authorize agents to act on their behalf in contractual or negotiation situations.