The Challenges of Packaging and Labeling Are Often Global

question 146

Multiple Choice

The challenges of packaging and labeling are often global. One particular challenge facing global manufacturers involves

• A) creating larger size packages to be sold at warehouse stores.
• B) creating packaging sensitive to educational diversity.
• C) addressing ongoing environmental concerns.
• D) ensuring ISO 19000 total quality management within national boundaries.
• E) making packaging an irrelevant part of a firm's marketing strategy.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Liquidity

A firm’s cash and marketable securities position, refers to its ability to meet maturing obligations. A liquid asset is any asset that can be quickly sold and converted to cash at its “fair” value. Active markets provide liquidity.

Inventory Turnover Ratio

Sales divided by inventories.

Liquidity Position

A measure of a company or individual's ability to quickly convert assets into cash to meet financial obligations.