To determine: The key benefit of the revised approach and reason for the benefits.
Introduction: Supply chain is defined as a sequence of associations, their offices, capacities, and actions that are engaged with manufacturing and conveying a product or administration. The chain starts with essential providers of raw materials and stretches out the distance to the last client. The supply chain fragment required with getting the completed item from the producer to the purchaser is known as distribution channel.
A supply chain is a sequence starts with essential providers or raw materials and stretches out the distance to an item or administration. No business association can exist without the two operations and supply chain.
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Operations Management
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- 10. As defined in the textbook, a trademark is: a) information used in a trade or business that offers its owner a competitive advantage and that can be kept secret b) a temporary monopoly granted by a government to an investor to exclude others from using an invention c) an exclusive right granted by a government to copy and distribute an original work. d) an exclusive right granted by the government to a trademark owner to use a specific name or symbol in association with a class of products or servicesarrow_forwardEvery sales contract imposes an obligation of good faith in its performance. Please explain the concept of good faith. (Be detailed in your response.)arrow_forward1. Support in advertising of franchise food and drink. 2. Support in R&D of franchise food and drink.arrow_forward
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