Which One of the Following Is a Consequence of Internal

question 65

Multiple Choice

Which one of the following is a consequence of internal failures?

• A) increased customer service
• B) increased inventory costs
• C) increased productivity
• D) decreased lead time

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Definitions:

Net Farm Income

The total income from agricultural activities after operating expenses and depreciation are subtracted.

Inferior Good

A type of good whose demand decreases as the income of consumers increases, inverse to normal goods.

Consumer Incomes

The total earnings received by consumers, including wages, salaries, benefits, and other income sources, which affect their purchasing power.

Farm Income

The earnings from agricultural operations, including the sale of crops, livestock, and other farm-related sources.