By Linking Companies with Their Suppliers, Distributors, and Customers, ____

question 65

Multiple Choice

By linking companies with their suppliers, distributors, and customers, ____ provide a company with flexibility.

• A) flexible manufacturing systems
• B) information networks
• C) Total Quality Management systems
• D) capabilities

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Definitions:

Sales-Type Leases

Leases where the lessor recognizes immediate profit on the transaction, similar to a sale, typically in equipment or vehicle leasing.

Direct-Financing Leases

Direct-Financing Leases are lease agreements where the lessor essentially acts as a financier, purchasing an asset and leasing it to the lessee, without assuming risk of ownership.

Capital Lease

A lease classified as a financial transaction where the lessee effectively buys an asset and finances it over the lease term.

Operating Lease

An agreement that permits the utilization of an asset without owning it, usually with a shorter duration than a finance lease.