Kevin Is in Charge of Purchasing the Appropriate Software to Support

question 12

Multiple Choice

Kevin is in charge of purchasing the appropriate software to support the Logistics staff. Kevin is attending a Logistics meeting and is listening and learning about the department's requirements. Please answer the three questions below.
-The Production Manager asks for an inventory control system that is very specific to their industry.Kevin suggests ____ market software that is designed to automate specialized tasks in a specific market or business.

• A)horizontal
• B)vertical
• C)stacked
• D)static

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Definitions:

Total Float

The maximum duration a project task can be postponed without impacting the overall project finish date.

Precautionary Motive

The desire to hold cash or liquid assets to safeguard against future uncertainties and unplanned expenses.

Speculative Motive

The intention to hold cash for the purpose of taking advantage of future opportunities that may arise, such as bargain purchases or earning profits from price changes.

Investment Opportunities

Investment opportunities refer to avenues where individuals or entities can invest their resources with the expectation of generating a future financial return.