Which of These in Relation to Materials Management Refers to the Procurement

question 15

Multiple Choice

Which of these in relation to materials management refers to the procurement and physical transmission of material through the supply chain,from suppliers to consumers?

• A) interchange
• B) logistics
• C) reciprocation
• D) conveyance
• E) operations

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Definitions:

Personal Loan

An unsecured loan given to an individual based on their creditworthiness, without requiring collateral, typically used for personal expenses.

Capital

Financial assets or the financial value of assets, such as cash and goods, used to fund a company or produce more wealth.

Permanent Investment

Investments a company intends to hold for a long duration, typically exceeding one year, for earning dividends or interest income.

Owner's Equity

The total value remaining in a business after all liabilities are subtracted from assets; also known as shareholders' equity.