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IBM is one of the world's great business success stories because of its ability to reinvent itself to satisfy shifting customer needs in a(n) __________ global marketplace.
FOB
Free On Board, a term used in shipping to indicate who is responsible for payment of transportation and insurance.
Freight
The charge paid for the transportation of goods, typically by sea, air, or land.
Free
Not under the control or in the power of another; able to act or be done as one wishes, or without cost or payment.
Supplies Expense
An expense reported on the income statement that reflects the cost of supplies used during the reporting period.
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