CFR Refers to Cost,freight and Return

question 36

True/False

CFR refers to cost,freight and return.

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Definitions:

Timeless

A concept referring to something that does not become obsolete or lose its value over time.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise, working towards a common goal.

Designated Teams

Specific groups of individuals assigned to focus on a particular project or to perform a specific duty within an organization.

Strategic Business Units

A division or unit within a larger company that focuses on a specific market or product line and has its own strategies and objectives.