Which of the Following Is NOT a Tangible Cost of Waiting

question 29

Multiple Choice

Which of the following is NOT a tangible cost of waiting lines?

• A)wages paid to workers while the factory remains idle
• B)costs of materials used while waiting
• C)lost sales because customers decided to go elsewhere
• D)lost productivity while workers are idle

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Definitions:

Flexible Benefit Packages

Employment benefit plans allowing employees to choose from a range of benefit options, tailoring their compensation package to their personal needs.

Taxable Income

The amount of an individual's or business's income used to determine how much tax they owe to the government, after deductions and exemptions.

Peter Drucker

A renowned management consultant, educator, and author, considered one of the founding figures of modern business management.

Individual Retirement Accounts (IRAs)

Tax-advantaged investing tools that individuals use to earmark funds for retirement savings.