Supply Chain Management Not Only Deals with the Movement of Materials

question 75

True/False

Supply chain management not only deals with the movement of materials, parts, and finished goods, it also manages the return of goods and recycling of materials when appropriate.

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Definitions:

Compensating Differential

A wage premium paid to employees to compensate for undesirable aspects of a job, such as long hours or hazardous conditions.

Window Washer

An individual or service specializing in cleaning the windows of buildings, often requiring specialized equipment for high rises.

Skyscraper

A tall, continuously habitable building of many floors, usually designed for office, commercial, and residential use.

Efficiency Wage

A higher-than-market wage paid by employers to increase worker productivity, loyalty, and reduce turnover.