Shanta Belongs to a Team That Meets Using Information Technology

question 37

Multiple Choice

Shanta belongs to a team that meets using information technology because they are dispersed across the country.Shanta belongs to a ________ team.

• A)problem-solving
• B)self-managed
• C)cross-functional
• D)virtual

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Definitions:

Average Inventory

The mean value of an entity's inventory over a certain period of time, used in business to help manage stock levels effectively.

Storage Cost

Expenses associated with storing goods or inventory, including warehouse rent, utilities, and handling charges.

Ordering Cost

The expenses associated with placing and processing orders for goods or materials, including administrative costs and communications expenses.

Purchase Price

The amount of money paid or agreed to be paid by the buyer to acquire ownership of a product or service.