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NEW QUESTION 34
An increasing or decreasing patterns of demand over time is considered as a:
- A. Analysis
- B. Cycle
- C. Seasonality
- D. Trend
Answer: D
NEW QUESTION 35
A contract in which one party obtains use of another party’s asset is called:
- A. Charter
- B. License
- C. Lease
- D. Agreement
Answer: C
NEW QUESTION 36
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as:
- A. Procurement management
- B. Production management
- C. Purchasing management
- D. Materials management
Answer: D
NEW QUESTION 37
What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?
- A. Conductive evaluations
- B. Challenging evaluations
- C. Summative evaluations
- D. Formative evaluations
Answer: C
NEW QUESTION 38
With what an organization’s inventory values are kept continuously in line with its actual inventory on hand?
- A. Periodic inventory control system
- B. Perpetual inventory control system
- C. Temporary inventory control system
- D. Services inventory control system
Answer: B
NEW QUESTION 39
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