An Offeroree Is a Person Who Makes an Offer

question 60

True/False

An offeroree is a person who makes an offer.

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Definitions:

Distributer

A company or individual responsible for the movement of goods from a manufacturer to the point of sale, usually adding value through storage, transportation, and marketing.

Large Order

A request for a significantly large quantity of goods or services.

Postponement

A supply chain strategy that delays the final activities in the production process (such as assembly, packaging, or shipping) until the latest possible time to reduce inventory and increase customization.

Customization

The process of modifying goods or services to meet the needs or desires of specific customers.