In Which of the Five Basic Supply Chain Activities Do

question 140

Multiple Choice

In which of the five basic supply chain activities do you plan for the transportation of goods to customers?

• A) Plan
• B) Source
• C) Deliver
• D) Return

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Definitions:

Balance of Trade

The difference in value between a country's exports and imports over a certain period.

Goods and Services

Physical items that can be purchased (goods) and intangible assistance or activities provided for consumption (services).

Trade Deficits

A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

Saving Rate

The portion of income that is not spent on consumption but is saved or invested for future use.