Containerization Allows

question 26

Multiple Choice

Containerization allows:

• A) reduction of the time needed to get from one location to another.
• B) simplification of transshipment from one mode of transport to another.
• C) buyers and sellers to find each other easily.
• D) enterprises to coordinate and control a globally dispersed production system.

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Definitions:

Ore

A naturally occurring solid material from which a metal or valuable mineral can be extracted profitably.

Mining Site

A location where extraction of minerals, metals, and other geological materials from the earth takes place.

Depletion Expense

The allocation of the cost of natural resources over their productive life.

Residual Value

The estimated amount that an asset will realize upon its disposal at the end of its useful life, after deducting any potential costs of disposal.