In Logistics, a Two-Way Link Between Buyer and Supplier That

question 223

Multiple Choice

In logistics, a two-way link between buyer and supplier that helps in monitoring service and anticipating future needs is referred to as

• A) inventory management.
• B) dependability.
• C) communication.
• D) reverse logistics.
• E) accountability.

Recognize the limitations of GDP as a measure of economic well-being.

Grasp the concept of value added in the production process.

Know the differences between GDP, NDP, GNP, and other economic measures.

Understand the treatment of exports and imports in GDP calculations.

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Definitions:

Intercalated Discs

The junctions between cells in cardiac muscle; contain gap junctions.

Myofibrils

Tiny threadlike structures in the cytoplasm of striated and cardiac muscle that are composed of myosin filaments and actin filaments; these filaments are responsible for muscle contraction; see myosin filaments and actin filaments.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of each party.

Cardiac Muscle Fibers

Specialized muscle cells in the heart characterized by their ability to contract rhythmically and continuously without fatigue to pump blood throughout the body.