The Major Factor Determining the Price of Orange Juice Futures

question 56

Multiple Choice

The major factor determining the price of orange juice futures is the:

• A) demand for orange juice.
• B) cost of fertilizer.
• C) profits to orange growers.
• D) weather.

---

Definitions:

System

A set of interacting or interdependent components forming an integrated whole.

Collaboration-Based Strategies

Business tactics that involve working jointly with other individuals or organizations to achieve a common goal or to share knowledge, resources, and responsibilities.

Inbound Movement

The process of receiving goods and materials into a warehouse or facility, typically from suppliers.

Stockout

A situation where the demand for a product exceeds its supply within a retailer or supplier's inventory.