Dependability Is the Consistency of Replenishment

question 227

Multiple Choice

Dependability is the consistency of replenishment. This is important to all firms in a supply chain and to consumers. It can be broken into three elements: safe delivery, complete delivery, and

• A)honest and accurate pricing.
• B)quality products.
• C)consistent lead time.
• D)a well-informed delivery staff.
• E)product warranties.

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Definitions:

Tort Action

A lawsuit initiated due to a civil wrong that causes a claimant to suffer loss or harm, leading to legal liability for the person who commits the tortious act.

Remedies

Legal means or actions through which a right is enforced or the violation of a right is compensated or prevented.

Vicarious Liability

A legal principle whereby an individual or entity is held responsible for the actions or omissions of another person, typically an employee, in the course of their employment.

Crime

An act or omission that violates a law which results in a legal penalty.