The Push/pull View of a Supply Chain Holds That

question 78

Multiple Choice

The push/pull view of a supply chain holds that

• A)the processes in a supply chain are divided into a series of activities performed at the interface between successive stages.
• B)all processes in a supply chain are initiated in response to a customer order.
• C)all responses in a supply chain are performed in anticipation of customer orders.
• D)the processes in a supply chain are divided into 2 categories depending on whether they are initiated in response to or in anticipation of customer orders.

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Definitions:

Retained Earnings

Retained earnings represent the portion of net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits or losses over a particular period.

Rent Expense

The cost incurred for leasing a property or equipment used in the operation of a business.

Fees Earned

Income generated from providing services, often used in professional practices like law firms, consulting firms, and architectural firms.