Supply Chain Management (SCM) Consists of Technological Components as Well

question 10

True/False

Supply Chain Management (SCM) consists of technological components as well as a process that brings together information about customers, sales, and marketing.

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Definitions:

Security Interest

A legal claim or lien on assets, which secures the payment of a debt or performance of some other obligation by the property owner.

Perfected

In legal and financial contexts, it refers to the completion of all necessary legal steps to validate a security interest against third parties.

Security Agreement

A legal contract in which a borrower pledges an asset as collateral for a loan, securing the interest of the lender.

Security Interest

A security interest is a legal claim or lien on collateral, granted to a lender or creditor to secure repayment of a debt or loan.