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Second-tier sourcing is a procurement policy used by many Fortune 500 corporations. Second-tier sourcing is a practice of rewarding those suppliers that achieve or attempt to achieve the minority-owned business (MBE) spending goals of their customer. The program was started by Chrysler Corporation in 1993 and now extends throughout the Fortune ...
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [1] to end consumers [2] or end customers. [3] Meanwhile, supply chain management deals with the flow of goods in distribution channels within the supply chain in the most efficient manner. [4][5]
A secondary city is an urban hub that fills specific regional and local needs related to governance, economics, finance, education, trade, transportation. A secondary city is defined by population, area, function, and economic status, but also by their relationship to neighboring and distant cities and their socio-economic status. A secondary ...
Subsidiary. A subsidiary, subsidiary company or daughter company[1][2][3] is a company owned or controlled by another company, which is called the parent company or holding company, which has legal and financial control over the company. [4][5] Two or more subsidiaries that either belong to the same parent company or having a same management ...
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Public sector. Voluntary sector. v. t. e. In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary ...
T3 or T3R - Tier 3 or Tier 3 Reinvestigation, now replace all NACLC. T5 and T5R - Tier 5 or Tier 5 Reinvestigation, now replace SSBI and SBPR respectively. Yankee White – An investigation required for personnel working with the President and Vice President of the United States. Obtaining such clearance requires, in part, an SSBI.
A second-class citizen is a person who is systematically and actively discriminated against within a state or other political jurisdiction, despite their nominal status as a citizen or a legal resident there. While not necessarily slaves, outlaws, illegal immigrants, or criminals, second-class citizens have significantly limited legal rights ...