Controlling Part of the Supply Chain That Involves Finished Product

question 36

Multiple Choice

Controlling part of the supply chain that involves finished product storage, outbound logistics, marketing and sales, and customer service constitutes _____.

• A) reverse management
• B) horizontal integration
• C) downstream management
• D) backward integration

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Definitions:

Injunction

A court order requiring an individual or entity to do or cease doing a specific action.

Consequential Damages

Consequential damages refer to losses or harm that do not directly stem from a party’s actions but are a secondary result of those actions.

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to fulfill a contract or meet certain conditions.

Punitive Damages

Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses, intended to punish the defendant for egregious wrongdoing.