A Party Has to Be a Member of an Organization

question 19

True/False

A party has to be a member of an organization to use a certification mark.

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Definitions:

Raw Material Availability

The extent to which the necessary inputs for production processes are accessible or can be procured within the required timeframe.

Backward Integration

A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, gaining control over suppliers or production.

Horizontal Integration

A strategy used by businesses to increase their market share by acquiring or merging with competitors operating at the same level of the supply chain.

Supply-Chain Strategy

Planning and management of all activities involved in sourcing, procurement, and logistics management activities.