Advantages of Technology Include All of the Following Except

question 60

Multiple Choice

Advantages of technology include all of the following except:

• A) new products.
• B) increased costs.
• C) better customer service.
• D) more efficient distribution.

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Definitions:

Inventory Cycle

The inventory cycle involves the process from purchasing goods for inventory to selling them to customers, and is key in determining the efficiency of a company's inventory management.

Credit Terms

The conditions under which credit will be extended to a borrower, including the repayment schedule and interest rates.

Comparison Shopping

The practice of comparing prices and features of products or services to find the best deal or value before making a purchase.

Net

Typically refers to the amount remaining after certain deductions are made, such as net income or net profit.