In a Service Supply Chain,______

question 49

Multiple Choice

In a service supply chain,______.

• A)activities such as supplier relationship management,demand management,and customer relationship management are very different from those that exist in a product supply chain
• B)the main similarity with the product supply chain is the degree of interaction between the value provider and the customer
• C)there is a greater distance between the supplier and consumer of the service in comparison to a product supply chain
• D)the interfaces and activities such as supplier relationship management,demand management,and customer relationship management are identical to those that exist in a product supply chain

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Definitions:

Net Pay

The amount of money an employee receives after deductions like taxes and social security charges are subtracted from the gross pay.

Laffer Curve

A representation of the relationship between rates of taxation and the resulting levels of government revenue that illustrates there can be an optimum tax rate that maximizes revenue.

Tax Revenues

The income that is collected by governments through taxation.

Progressive Tax

A tax in which the average tax rate rises with income. People with higher incomes will pay a higher percentage of their income in taxes.