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Match the Term with the Appropriate Phrase

question 60

Multiple Choice

Match the term with the appropriate phrase. You may use each answer once, more than once or not at all.
-Westerlies


Definitions:

Resources

Assets, materials, or inputs used by organizations to produce goods or services.

Transportation Service

The offering of movement of goods or individuals from one location to another.

Cost of Lost Sales

The financial impact experienced by a business when potential sales are not realized due to stockouts or inability to meet demand.

Form Utility

The value added to goods through a manufacturing process that changes the form of the product to make it more desirable to consumers.

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