Which of the Following Statements About Operational Linkages Is FALSE

question 7

Multiple Choice

Which of the following statements about operational linkages is FALSE?

• A) Just-in-time is an example of an operational linkage.
• B) Operational linkages are direct ties between the internal operations of the buyer and seller firms.
• C) Operational linkages involve only occasional coordination of activities between buying and selling firms.
• D) None of these statements about operational linkages is FALSE.

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Definitions:

Meeting of Creditors

A gathering in bankruptcy proceedings where creditors can question the debtor about their finances and the bankruptcy petition.

Debtor's Assets

Property owned by an individual or entity that owes money to creditors, which can be used to pay off debts.

Presumption of Abuse

A legal assumption that an action is undertaken with the intention of exploiting or harming, especially in contexts like bankruptcy filings where managing debt responsibly is questioned.

Trustee

An individual or organization appointed to manage assets on behalf of others, often in cases of bankruptcy or for a trust.