________ Refers to a View of Business That Considers the Many

question 96

Multiple Choice

________ refers to a view of business that considers the many decisions that must be made and the potential problems that must be overcome before the organization can deliver its products or services.

• A) Business mindset
• B) Service orientation
• C) Free-market philosophy
• D) Competitive advantage
• E) Business model

---

Definitions:

Mode of Transportation

Various means used for moving people or goods from one place to another, such as road, air, or sea.

Delivery Speed

The rate at which a company can fulfill customer orders from the point of order placement to delivery, directly impacting customer satisfaction.

Holding Cost

The expenses associated with storing unsold goods or materials, including warehousing, insurance, and deterioration or obsolescence.

Shipping Cost

The expense incurred to transport goods from one place to another, typically paid by the seller or the buyer.