Which of the Following Is an Advantage for Companies That

question 3

Multiple Choice

Which of the following is an advantage for companies that are globalizing their supply chains?

• A)It increases the demand for imported products worldwide.
• B)It helps reduce transportation and warehousing costs.
• C)It decreases the length and risk of supply chains globally.
• D)It helps standardize the quality of the products produced.

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating expenses, are subtracted from total revenue.

Break-Even Point

The point at which the amount produced or sold results in total income matching total costs, leading to neither a profit nor a loss.

Net Loss

The amount by which expenses exceed revenues over a specific period, indicating a negative financial performance.

Target Profits

The specific amount of net income a company aims to achieve within a certain time frame.