In an Automotive Supply Chain What Position in the Chain

question 6

Multiple Choice

In an automotive supply chain what position in the chain would a metal machining company supplying parts to the engine manufacturer be?

• A) A first tier supplier
• B) A second tier supplier
• C) A third tier supplier
• D) A first tier customer

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Definitions:

Clerk

An administrative or office worker responsible for managing files, keeping records, and performing general clerical duties.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, typically used as an indicator of inflation.

Real Wages

The purchasing power of an individual's wages, taking into account inflation and cost of living.

Market Wages

The average amount of compensation paid to employees for a specific job in the competitive market.