Which Management Area in an Organization Does Not Normally Have

question 19

Multiple Choice

Which management area in an organization does not normally have transportation responsibility?

• A) marketing
• B) manufacturing
• C) procurement
• D) logistics

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Definitions:

Net Realisable Value

The estimated selling price of an asset in the ordinary course of business, minus any costs associated with its sale or disposal.

Inventory

The stock of goods or materials held by a company, typically used in production or sold to customers.

Service Costing

The process of determining the total cost involved in providing a service, including direct and indirect costs, to establish pricing and profitability.

Implementing

The process of putting a decision, plan, strategy, or law into effect.