Enter the Letter of the Type of Company on the Line

question 98

Short Answer

Enter the letter of the type of company on the line in front of each statement. Letters may be used more than once or not at all.
A)service company
B)merchandising company
C)manufacturing company
____ generally has no inventory
____ has three types of inventory
____ inventory consists of freight-in and the cost of the product
____ has the highest percentage of labor costs
____ Wal-Mart is this type of company

• A)service company
• B)merchandising company
• C)manufacturing company
• ____ generally has no inventory
• ____ has three types of inventory
• ____ inventory consists of freight-in and the cost of the product
• ____ has the highest percentage of labor costs
• ____ Wal-Mart is this type of company

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Definitions:

Overall Impression

The general perception or feeling that people have about a product, service, or organization.

Virtual Spaces

Digital environments that allow users to interact with each other and digital objects within a computer-generated or internet-based context.

SAM

Serviceable available market; the section of the TAM that your product or service intends to target.

SOM

Share of market; the portion of SAM that your company is realistically likely to reach.