Most Elementary Form of Collaboration in Supply Chains Is Seen

question 7

Multiple Choice

most elementary form of collaboration in supply chains is seen in the form of:

• A)contracting
• B)outsourcing
• C)alliances
• D)administered systems

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Definitions:

Lender

An individual, a financial institution or another entity that provides funds to others with the expectation that the funds will be repaid, typically with interest.

Current Liability

This refers to debts or obligations that are due to be paid within one year or within the normal operating cycle of the business, whichever is longer.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle.

Discounted Note

A type of debt instrument that is sold or redeemed for less than its face value but whose actual value matures to the full face amount at a later date.