Organizations Are Linked in a Supply Chain by the Exchange

question 69

Multiple Choice

Organizations are linked in a supply chain by the exchange or flow of all of the following except

• A)Physical goods.
• B)Information.
• C)Brand identity.
• D)Monetary exchange.
• E)All of these options are exchanged in supply chains.

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Definitions:

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations using its most liquid assets.