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The Ability of a Supply Chain to Quickly Respond to Short-Term

question 51

Short Answer

The ability of a supply chain to quickly respond to short-term changes in demand or supply is called ________.


Definitions:

Coupon

The interest rate on a bond, usually expressed as a percentage of the face value and paid at regular intervals.

Semi-Annually

A period or process that occurs twice each year.

Market Price

Market price refers to the present cost at which a service or asset is available for purchase or sale in a market.

Face Value

The nominal or original value printed on a financial instrument like a bond, distinct from its market value.

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