Which of the Following Is One of the Most Significant

question 161

Multiple Choice

Which of the following is one of the most significant developments of agricultural societies?

• A) the invention of religion
• B) the idea of private property
• C) the invention of metal implements
• D) the domestication of animals

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Definitions:

Forecasting

The process of making predictions about future events or trends based on historical data and analysis, instrumental in business strategy and planning.

Revenue Management

Strategic use of pricing to maximize a company's revenue by selling the right product to the right customer at the right time for the right price.

Supply Chain Surplus

The difference between the value generated for the end customer and the total cost across the supply chain, indicating the chain’s efficiency.

Sourcing Processes

The activities involved in finding, evaluating, and engaging suppliers of goods and services.