The Key to Maintaining a Competitive Advantage Through Supply Chain

question 8

Multiple Choice

The key to maintaining a competitive advantage through supply chain strategies is to:

• A)the ability to adapt to changes.
• B)the ability to maintain low cost relationships with partners.
• C)the ability to continuously develop successful new products.
• D)continue purchasing the most advanced supply chain software and technologies.

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Definitions:

Doctor Bills

Invoices or financial charges for medical services rendered by a physician.

Deductible

The amount paid out of pocket by the policyholder before an insurance company pays a claim.

Insurance Premiums

The amount paid by an individual or business for insurance coverage, typically charged monthly or annually.

Deducted

The process of subtracting an amount from a total, especially from taxable income or expenses.