Explain What "Upstream" and "Downstream" Are Within a Supply Chain

question 59

Short Answer

Explain what "upstream" and "downstream" are within a supply chain.

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Definitions:

Expected Rate Of Profit

The anticipated return on an investment, taking into account the risk and time value of money.

Classical Theory

Refers to an economic theory that asserts that the economy is self-regulating, markets are best left alone without government intervention, and supply creates its own demand.

Interest Rate

The fee that a lender imposes on a borrower for the usage of assets, represented as a proportion of the principal amount.

Savings And Investment

The act of setting aside income for future use and the use of those savings for new capital expenditures or financial products.