All of the Following Are Business Resources as Part of a Value-Added

question 8

Multiple Choice

All of the following are business resources as part of a value-added system of the internal and external supply chain except________.

• A) technology
• B) people
• C) competition
• D) materials

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Definitions:

Simple Interest

A method of calculating interest where the interest charge is based only on the principal amount, not on previously earned interest.

Total Interest

The entire amount of interest paid over the life of a loan or financial product.

Graduation Present

A gift given to an individual in celebration of completing an educational milestone, such as graduating from school or university.

Retirement

The act of leaving one's job and ceasing to work, usually due to reaching a certain age or for health reasons.