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Kinson Supply Corp

question 77

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Kinson Supply Corp. wants to free up some of its employees for other tasks and decides to automate the warehouse by using programmed machines to pick items to be shipped. Which technological advancement is Kinson Supply using?


Definitions:

Specific Assets

Assets clearly identified and defined, often mentioned in legal and financial documents, distinguishing them from general or unspecified assets.

Preferred Share

A type of stock that gives holders priority for dividend payments and assets in the event of a company's liquidation but typically does not have voting rights.

Par-value Share

A stock with a face value as specified in the corporate charter beyond which it cannot be sold upon initial offering.

Non-par-value Share

Shares issued without a nominal or face value, with their selling price determined by the market or by the issuing company.

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