Businesses Are Using ______________ and Other Ways to Track Goods

question 50

Multiple Choice

Businesses are using ______________ and other ways to track goods and control the flow of goods from point of origin to point of consumption."Tracking" is an important part of the process of managing the flow of goods,an activity that marketers call ____________.

• A) TTI (tag team identification);materials handling
• B) RFID (radio frequency identification);intermediation
• C) RFID (radio frequency Identification);logistics
• D) Reverse logistics;materials handling

---

Definitions:

Excise Tax

A tax applied specifically on the sale of certain goods, services, or activities, which is often included in the price of the product.

Elasticity of Labor Supply

The responsiveness of the quantity of labor that workers are willing and able to provide to a change in the wage rate.

Wages

Payments made to workers for their labor, typically calculated on an hourly, daily, or piecework basis.

Quantity of Labor

The total number of labor hours employed or the total number of workers employed in the production of goods and services.