Firms Achieve ________ Through Efficient Procedures and Excellent Supply Chain

question 87

Multiple Choice

Firms achieve ________ through efficient procedures and excellent supply chain management.

• A)customer excellence
• B)locational excellence
• C)customer loyalty
• D)value-based pricing
• E)operational excellence

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Definitions:

Consumer

An individual who purchases goods and services for personal use.

Sale Under UCC

Transaction of goods governed by the Uniform Commercial Code, a set of laws regulating sales and commercial transactions in the United States.

Payable Cash

Monetary amounts that are due and able to be paid in cash form.

Right To Possess

The legal authority or right to have physical control over something.