A Type of Electoral Process in Which a Candidate Must

question 142

Multiple Choice

A type of electoral process in which a candidate must receive more than 50 percent of all votes cast in the relevant district to win a seat in a legislative body is a

• A)majority system.
• B)plurality system.
• C)proportional representation.
• D)Borda count system.

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Definitions:

Inventory System

An organized method for managing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell as well as the management of the finished products that are for sale.

Understocking

The condition of having insufficient inventory to meet demand, leading to potential lost sales and customer dissatisfaction.

Integrated Supply Chain

A holistic approach to supply chain management that emphasizes the coordination and synchronization of all elements of the supply chain, from raw materials to end customer.

Financials

Pertains to the monetary aspects and performance of a business, including income, expenses, and profitability.