________ Refers to the Movement of Raw Material, Component Parts

question 18

Multiple Choice

________ refers to the movement of raw material, component parts, and finished goods throughout the global supply chain.

• A) Distribution
• B) Transportation
• C) Sourcing
• D) Logistics

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Definitions:

Spirit of Capitalism

A term popularized by sociologist Max Weber to describe the set of values and attitudes endorsing hard work, thrift, and efficiency in one’s calling, which he believed underpinned capitalist societies.

Max Weber

A sociologist, philosopher, and political economist from Germany whose concepts significantly impacted the fields of social theory and research.

Benevolence

The quality of being well-meaning; kindness and generosity toward others.

Religiosity

Refers to how important religion is to people.