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________________ Is Defined as the Design and Management of a System

question 83

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________________ is defined as the design and management of a system that directs and controls the flows of materials into, through and out of the firm across national
Boundaries to achieve its corporate objectives at a minimum total cost.


Definitions:

Certified Check

A check verified by a bank, guaranteeing that the writer of the check has enough funds available for the transaction.

Drawee

The party in a financial transaction who is directed to pay a certain amount of money as outlined in a draft or check.

Draft

A preliminary version of a document or plan that is subject to revision.

Accept

To agree to receive or undertake something offered.

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