In Terms of Management System, the Cheese Used in the Making

question 55

Multiple Choice

In terms of management system, the cheese used in the making of a sandwich at a restaurant is a(n) ________.

• A) finished good
• B) organizational output
• C) production process
• D) organizational process
• E) organizational input

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Definitions:

Retailers

Businesses that sell goods or services directly to consumers.

FOB Shipping Point

A term used in shipping indicating that the buyer assumes ownership and the risk of loss of goods once the seller ships the product.

FOB Destination

A shipping term indicating that the seller is responsible for the goods and the shipping cost until the items reach the buyer's specified location.

Net Sales

Total sales revenue after deducting returns, allowances for damaged or missing goods, and discounts.