Because It Was Able to Deliver Merchandise Overnight,in the Required

question 108

Multiple Choice

Because it was able to deliver merchandise overnight,in the required quantities and at a lower delivered cost than its competitors,Joe's Sports Shack was given exclusive rights to sell clothing with school logos for the school district.Joe's demonstrates ________ excellence.

• A) product
• B) place
• C) customer
• D) operational
• E) locational

---

Definitions:

Accounts Payable

The amount of money a company owes to its creditors or suppliers for goods and services received but not yet paid for.

Balance Sheet

A financial statement that summarises a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into its financial position.

Ending Inventory

The value of goods available for sale at the end of an accounting period, crucial for calculating cost of goods sold and gross profit.

Pretax Income

The income that a company earns before tax expenses are deducted, often referred to as earnings before tax (EBT).