Which of the Following Best Defines the Term Picking

question 15

Multiple Choice

Which of the following best defines the term picking?

• A) taking items from shelves that are needed by customers and assembling the items for shipment
• B) identifying the most efficient method to collect, assemble, and ship products to global customers
• C) maintaining ownership and title to products until another distributor purchases them
• D) selecting a master distributor to oversee the logistics and shipment of products
• E) choosing the most important service outputs for a particular channel

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Definitions:

Wealth

The abundance of valuable resources or valuable material possessions, including the total of all financial assets minus any liabilities.

Price Elasticity

A measure in economics that shows how the quantity demanded of a good or service responds to a change in its price.

Bushels

A unit of volume that is used primarily in the United States to measure agricultural produce, such as grains, fruits, and nuts.

Pecks

A traditional unit of volume used for dry goods, equivalent to approximately 9 liters or a quarter of a bushel.