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Demand Management Seeks to Estimate,control,smooth,coordinate,balance and Influence the Demand and Supply

question 18

True/False

Demand management seeks to estimate,control,smooth,coordinate,balance and influence the demand and supply for a firm's products and services in an effort to reduce total costs for the firm and its supply chain.


Definitions:

Equitable Mortgage

A type of mortgage recognized by a court based on the borrower's intent and the lender's interest, even though the formal legal requirements of a mortgage are not met.

Enforceable

Refers to a rule, policy, or agreement that is legally binding and can be upheld or imposed by law.

First Mortgage

A primary mortgage on property that has precedence over all other voluntary liens or mortgages recorded against the property.

Registered

Officially listed or recorded by an authority to acknowledge legal status or compliance.

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