__________ Is Essentially a Sequence of Linked Suppliers and Customers

question 203

Multiple Choice

__________ is essentially a sequence of linked suppliers and customers in which every customer is,in turn,a supplier to another customer until a finished product reaches the final consumer.

• A) logistical flow
• B) demand chain
• C) supplier-customer alliance
• D) supply chain
• E) distributive cooperative

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Definitions:

Direct Costs

Costs that can be directly traced to a specific cost object, such as a product, service, or department.

Indirect Costs

Costs that cannot be directly attributed to the production of goods or services, such as overhead and administrative expenses.

Departmental Net Income

The net income generated by a specific department within an organization, after accounting for direct and allocated expenses.

Expenses

Expenses are the costs incurred in the process of generating revenues, encompassing costs like rent, utilities, salaries, and supplies.