Perform the Indicated Operation

question 230

Multiple Choice

Perform the indicated operation.

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff.

Holding Cost Rate

The percentage of the value of inventory held over a certain period of time as costs, including storage, insurance, and depreciation.

Economical

Characterized by efficiency and avoidance of waste, referring to the cost-effective allocation and use of resources.

Keiretsu

A closely linked alliance of businesses in Japan, often including manufacturers and suppliers, which cooperate to ensure mutual success.