Examlex
In a supply chain for products with low profit margins, it is important to ensure products move
down the chain quickly rather than building up as inventory.
Presidential Election
A process by which the president of a country or a similar executive position is elected, often involving a nationwide vote.
Popular Vote
The number of actual individual votes cast by citizens in an election, as distinguished from electoral college votes or other forms of indirect election.
Defeated
Having been overcome in a battle, competition, or other form of contest; to have lost.
Herbert Hoover
The 31st President of the United States, serving from 1929 to 1933, known for his administration’s response to the Great Depression.
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