The Long-Term Relationships That Are Created Among Participants in the Supply

question 34

Multiple Choice

The long-term relationships that are created among participants in the supply chain are called _____.

• A) quality partnerships
• B) JIT alliances
• C) supply alliances
• D) joint partnerships

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Definitions:

Obtain Resources

The act of securing the assets, finances, or materials required by a business or organization to operate and achieve its objectives.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, carrying on business, and suing or being sued.

Book Publisher

A company or individual responsible for the reproduction, marketing, and distribution of books.

Manufacturing Business

A type of business that produces goods through the process of raw materials conversion using labor, machinery, and equipment.