Which One of the Following Statements Is True

question 56

Multiple Choice

Which one of the following statements is true?

• A)Postponement is the process of delaying orders from suppliers because it is very difficult to order from geographically dispersed businesses.
• B)General Motors supply chain is a good example of a push system.
• C)Dell Computers supply chain is a good example of push system.
• D)Flexibility and responsive service are top priorities compared to low cost in an efficient supply chain.

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Definitions:

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.

Liquidity Crisis

A situation where an entity lacks the liquidity necessary to meet its short-term obligations, potentially leading to insolvency.

Market Value

The current price at which an asset or service can be bought or sold in a competitive marketplace.