Examlex
Cycle stock can occur at more than one point in a supply chain.
Chair
A piece of furniture consisting of a seat, legs, back, and sometimes armrests, for a single person.
Democratic
Pertaining to or characterized by principles of political democracy, indicating a system in which power is vested in the people through free and fair elections.
Buying Center
A group of individuals within an organization who are responsible for making decisions about which products or services the organization purchases.
Majority Vote
A decision-making process where the option receiving more than half of the votes is chosen or deemed accepted.
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