Coordinating the Supply and Demand for Materials and Ensuring That

question 70

Multiple Choice

Coordinating the supply and demand for materials and ensuring that stored or recently received materials get to the production floor when needed are jobs of the

• A)materials manager.
• B)purchasing manager.
• C)plant manager.
• D)supply chain manager.
• E)production manager.

---

Definitions:

Communist Economic System

An economic model where all means of production are owned by the community as a whole, aiming for a classless society where goods are distributed based on need.

State Ownership

Refers to the government control or ownership of businesses or assets.

Corporations

Legal entities that are separate from their owners, capable of owning property, entering contracts, and being held liable, often formed to conduct business.

Accrues

To accumulate or receive benefits or penalties over time, often relating to finance or benefits.