A ________ Is Essentially a Sequence of Linked Suppliers and Customers

question 173

Multiple Choice

A ________ is essentially a sequence of linked suppliers and customers in which every customer is,in turn,a supplier to another customer until a finished product reaches the ultimate consumer or industrial user.

• A)logistical flow
• B)demand chain
• C)supplier-customer alliance
• D)supply chain
• E)supply pipeline

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Definitions:

Tax Revenue

The income that is gained by governments through taxation from individuals and businesses.

Federal Government

The national government of a federation, which holds authority over the political units constituting the federation, handling matters that affect the country as a whole.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of additional income that is paid in taxes.

Personal Income Tax

A tax levied on individuals or households based on their total annual income from all sources.