The Impact of Pricing on Service Chain Management Was ________

question 11

Multiple Choice

The impact of pricing on service chain management was ________ before and ________ after.

• A) high; low
• B) passive; active
• C) static; dynamic
• D) fixed; variable

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.

Perpetual Inventory System

A systematic approach to maintaining accurate inventory records that adjust in real-time with each purchase or sale of inventory items.

Freight-In

The cost of transporting goods into a business, treated as part of the cost of inventory in the calculation of the cost of goods sold.

Discounts

Reductions to the selling price of goods or services, often used as a sales strategy to encourage purchases.