From an Operations Management Perspective, Which of the Following Does

question 121

Multiple Choice

From an operations management perspective, which of the following does a manufacturing firm's supply chain include?

• A) the flow of materials and finished goods through all firms involved in production and distribution, plus the corresponding flows of services, financial resources, and information
• B) firms connected with the flow of output through the channel to the final customer, particularly those other companies involved with financial transactions
• C) only vendors that supply goods and services in the production of a firm's product offerings
• D) all and any forms of software or manufacturing technology it uses in its operation

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Definitions:

Debts

Money owed by one party, the debtor, to another, the creditor; an obligation to pay or render something of value.

Partnership

A business arrangement in which two or more individuals share ownership and the operational responsibilities of the business.

Uniform Limited Liability Company Act

A comprehensive statute that provides a uniform regulatory framework for the formation, operation, and dissolution of limited liability companies (LLCs) in the states that adopt it.

Dissolve

To formally bring to an end a legal entity or agreement, such as a business corporation or a marriage.