Because of Smaller,more Frequent Orders and Closer Supplier Location,trucking Tends

question 12

True/False

Because of smaller,more frequent orders and closer supplier location,trucking tends to be an important mode of transportation in the JIT approach.

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State Statute

A state statute is a law enacted by the legislative branch of a state government, applicable within the jurisdiction of that state.

Limited Partnerships

A form of partnership composed of one or more general partners who manage the business and are personally liable for partnership debts, and one or more limited partners who contribute capital and share in profits but are not involved in day-to-day operations and have limited liability.

Surnames

Last names or family names used to identify individuals, often passed down through generations.

Financial Obligation

A legal requirement to pay debt or fulfill financial contracts or agreements.