Which of the Following Is Not Currently Cited as a Trend

question 15

Multiple Choice

Which of the following is not currently cited as a trend creating business opportunities?

• A)green products
• B)breakfast cereals
• C)health care
• D)concierge services

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Definitions:

Compensating Balances

Minimum balances that a business must maintain in its bank account as part of a borrowing arrangement with the bank.

Precautionary Balances

Cash balances held in reserve for random, unforeseen fluctuations in cash inflows and outflows.

EOQ Model

Economic Order Quantity, an inventory management model that determines the optimal order quantity to minimize total inventory costs, including holding and ordering costs.

Safety Stock

A level of extra inventory maintained to mitigate the risk of stockouts caused by variations in supply and demand.