________ Systems Integrate and Share Information from Suppliers, Manufacturers, Distributors

question 49

Multiple Choice

________ systems integrate and share information from suppliers, manufacturers, distributors, and logistics companies.

• A) Collaborative distribution
• B) Supply chain management
• C) Reverse logistics
• D) Enterprise planning
• E) Digital dashboard

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Definitions:

Debt

Money owed by one party to another under an agreement to repay borrowed funds or provided goods/services.

Profit

Profit represents the financial gains obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

Breach Contract

A failure to perform any term of a contract, written or oral, without a legitimate legal excuse, which allows the other party to seek compensation.

Reasonable Care

A legal standard requiring individuals to act with the caution and attentiveness that a prudent person would under similar circumstances.