Companies in the Same Industry Often Select Very Different Distribution

question 38

True/False

Companies in the same industry often select very different distribution networks,because the choice of the distribution network can be used to achieve a variety of supply chain objectives ranging from low cost to high responsiveness.

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Definitions:

Age of Majority

The legal age at which an individual is considered an adult and responsible for his or her own actions, varying by jurisdiction.

Legal Capacity

The ability of an individual or entity to enter into legally binding contracts, recognizing that the person has the requisite age and mental capability to understand and agree to the terms.

Mental Ability

Refers to the capacity to perform cognitive tasks, understand complex ideas, learn from experience, apply logic and reason, and adapt to new situations.

Voidable

Voidable refers to a legal term indicating that a contract or agreement is valid and enforceable but can be annulled by one party due to certain circumstances, such as misrepresentation or duress.