Supply Chain Software Includes Technologies That

question 19

Multiple Choice

Supply chain software includes technologies that:

• A) address virtually every function and task that occurs in the supply chain.
• B) help organizations plan, execute, and control supply chain activities in real time.
• C) help to maintain visibility of inventory.
• D) all of these answers.

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Definitions:

Implied Warranty

An unwritten guarantee that the product or service sold is fit for the purpose intended and meets the buyer's expectations.

Fitness For A Particular Purpose

A guarantee that a product will meet the specific requirements or needs of the buyer, as acknowledged by the seller.

Seller Or Lessor

The party in a transaction who is selling or leasing a good, service, or property to another party, known as the buyer or lessee.

Breach

The act of breaking or failing to observe a law, agreement, or code of conduct.