Based on the lease signed by the tenant, his interest in the property can be said to be Leasehold estate.
<h3 /><h3>What is a Leasehold estate?</h3>
This refers to the rights that tenants have as regards a property when they sign a lease to occupy it.
That lease gives them a certain period of time to occupy the property and this is enforced by legal doctrines.
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Answer:
Transformation.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
Logistics transformation is a process whereby productivity and capability are increased through deliberate application of continuous process improvement.
