Business-Related Blogs and Microblogs

question 25

Multiple Choice

Business-related blogs and microblogs

• A)are generally not very helpful to job applicants.
• B)can help you get comfortable with the jargon and buzzwords in a particular field.
• C)can be useful in a job search,but only for those seeking positions in technical fields.
• D)are very difficult to find online.
• E)always provide accurate and up-to-the minute information about a company.

---

Definitions:

Continuous Review

A system of inventory management where the stock levels are continuously monitored, and orders are placed as soon as the inventory drops below a predetermined level.

Reorder Point (ROP)

The inventory level at which an order should be placed to replenish stock before it runs out, ensuring a balance between stock availability and minimal holding costs.

Lot Size

The quantity of items processed or procured in a single order or batch, affecting inventory levels and production efficiency.

Periodic Review

A systematic evaluation of a process or system at regular intervals to ensure it meets certain standards or goals.