Which of the Following Is Not One of the Three

question 20

Multiple Choice

Which of the following is not one of the three main links in the supply chain?

• A) Materials flow from suppliers and their downstream suppliers at all levels.
• B) Transformation of materials into semifinished and finished products-the organization's own production processes.
• C) Distribution of products to customers and their downstream customers at all levels.
• D) None of these.

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Definitions:

Cumulative Feature

A characteristic of preferred stock that entitles shareholders to receive dividends that were omitted in the past before any dividends can be issued to common stockholders.

Preemptive Right

A shareholder's right to maintain their proportionate ownership by buying additional shares before they are offered to the public.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily match the market value.

Legal Capital

The minimum amount of capital that a company is required to maintain by law, often to protect creditors from the company's potential losses.