Members of the Board of Governors of the Fed Are

question 141

Multiple Choice

Members of the Board of Governors of the Fed are

• A)elected to two-year terms by the Electoral College.
• B)appointed by the president for four-year terms and confirmed by the Congress.
• C)appointed by the president for 14-year terms and confirmed by the Senate.
• D)appointed by the president for 14-year terms and confirmed by the Supreme Court.

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Definitions:

Channel Captain

The dominant leader or company that exercises control over the coordination of all participants in a supply chain.

Intermediaries

Businesses or individuals that act as a link in the distribution process between producers and consumers, such as wholesalers or retailers.

Functions

Specific activities or tasks performed by individuals, systems, or machines within an organization to achieve certain objectives.

Reverse Logistics

The process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal, including returns management and recycling.