Refer to the Information Provided in Table 22

question 208

Multiple Choice

Refer to the information provided in Table 22.5 below to answer the question(s) that follow.
Table 22.5
-Refer to Table 22.5. If 2014 is the base year, the price index in 2015 is

• A) 93.9.
• B) 94.2.
• C) 105.8.
• D) 106.1.

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Definitions:

Supply-Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.

Consumer Electronics

Electronic equipment intended for everyday use by individuals, including devices like smartphones, televisions, and computers.

Marketing Strategies

Plans designed to achieve marketing objectives, involving the targeted promotion of products or services to specific audiences.

Insourcing

The practice of using a company’s internal employees or other resources to accomplish a task.