Match the Term with Its Definition

question 28

Multiple Choice

Match the term with its definition.
-Transportation intermediaries that contract with individual shippers

• A)agents/brokers
• B)common carriers
• C)contract carriers
• D)distribution
• E)dual distribution
• F)merchant middlemen
• G)physical distribution (logistics)
• H)plant patent
• I)private carriers
• J)supply chain management
• K)third-party logistics firm (3PLs)

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Definitions:

Factory Labor

Refers to the workforce involved in the operational processes within a manufacturing facility, often considered a direct cost in production.

Employer Payroll Taxes

Taxes that employers are required to pay on behalf of their employees, which may include Social Security, Medicare, and unemployment taxes.

Gross Earnings

Total compensation earned by an employee.

Direct Labor Hour

A measure of labor input, which is the time spent by workers directly manufacturing a product.