The Total Amount Paid to Various Carriers for Transporting Products

question 37

Multiple Choice

The total amount paid to various carriers for transporting products to customers is

• A)transportation cost.
• B)inventory cost.
• C)facility cost.
• D)processing cost.

---

Definitions:

Organizational Strategy

A plan of action designed to achieve long-term or overall goals and objectives of an organization.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, measure and monitor progress towards strategic targets.

Markov Analysis

Markov analysis is a statistical technique used to predict the future behavior of variables or systems based on past behavior and probabilistic factors.