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A Supply Chain Driven by Actual Customer Orders or Purchases

question 27

Multiple Choice

A supply chain driven by actual customer orders or purchases follows a ________ model.


Definitions:

Goods

Tangible items that are manufactured or produced for sale to consumers.

Price Recovery

The process of regaining the cost or value of something, often related to the selling price of goods or services after a period of lower prices or losses.

CISG

The Convention on Contracts for the International Sale of Goods by the United Nations, is a treaty establishing a standardized framework for global trade.

Contractual Obligations

Duties that a party is legally required to perform as specified in a contract, failure of which may lead to legal consequences.

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