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Which Term Refers to the Flow of Information,materials,and Services from Raw-Materials

question 86

Multiple Choice

Which term refers to the flow of information,materials,and services from raw-materials suppliers through stages in the operations process until the product reaches the end customer?


Definitions:

Bona Fide Purchaser

A legal term for a person who acquires property in good faith and without notice of any other party's claim to the title of that property.

Automobile

A road vehicle, typically with four wheels, powered by an internal combustion engine or electric motor, used for transportation.

Conditional Sale Agreement

A sales contract in which the buyer gains possession of the item, but its title and right of repossession remain with the seller until all payments are made.

Title

A formal right of ownership of property, which signifies the owner's legal possession and control.

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