Question

a partner who is not actually involved in the partnership but lends his name for public relations purposes is a: select one: a. general partner b. dominant partner c. silent partner d. nominal partner

Answer 1

Products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." SCM practice draws heavily from the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology, and marketing and strives for an integrated approach. Marketing channels play an important role in supply chain management. Current research in supply chain management is concerned with topics related to sustainability and risk management, among others. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.

Answer 2

A partner who is not actually involved in the partnership but lends his name is a nominal partner.  

Explanation:  

• A Nominal partner is a person who allows the use of his name or goodwill for the growth of a business.
• He does not make an investment in the business either concerned about the profit made in the business of the company.
• The motive is to increase the business based on the name and goodwill of that partner. A nominal partner lends his name for public relations purpose.

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