Prior to Containerization, the Shipping of Goods Over Long Distances

question 69

Multiple Choice

Prior to containerization, the shipping of goods over long distances was which of the following?

• A) Expensive
• B) Time-consuming
• C) Unreliable
• D) Labour-intensive
• E) All of the above

Understand the impact of fixed and variable costs in budget preparation and variance analysis.

Develop skills to analyze the financial performance of service companies through budgeting and variance analysis.

Understand the use of cost drivers in budgeting for service operations.

Gain insights into the budgeting process for non-profit organizations, focusing on cost management.

---

Definitions:

Business News

Information about economic activities, companies, markets, and financial developments relevant to stakeholders in the business world.

Cover Up

An attempt to prevent people from discovering the truth about a mistake, crime, or undesirable action.

Functional Résumé

A type of resume focused on skills and experiences rather than chronological work history, highlighting competencies relevant to the job being applied for.

Networking

The act of building and maintaining professional relationships with others in your field or industry, often for mutual benefit.