Firms That Specialize in Performing Most or All of the Logistical

question 7

Multiple Choice

Firms that specialize in performing most or all of the logistical tasks which manufacturers or other channel members would normally perform themselves are often referred to as:

• A) Third party logistics providers.
• B) MRO firms.
• C) Supplier chains.
• D) Supply chain management analysts.
• E) Distribution contractors.

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Definitions:

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives.

Chapter 13

A form of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.

Repayment Plan

A strategy or arrangement agreed upon to pay back borrowed money, often detailing the time frame and amounts due.

Insolvent

The condition of being unable to pay debts as they fall due, or having liabilities that exceed the value of assets.