Although They Can Be a Valuable Resource,less Than _____ of Fortune

question 43

Multiple Choice

Although they can be a valuable resource,less than _____ of Fortune 500 companies has a blog.

• A)1%
• B)20%
• C)50%
• D)70%
• E)90% Less than one-fifth of Fortune 500 companies utilize wikis and blogs,even though they present a great marketing opportunity.

---

Definitions:

Shrinkage

Retail inventory that is unaccounted for between receipt and sale.

Economic Order Quantity

The ideal order quantity a company should purchase to minimize its inventory costs, including holding, setup, and shortage costs.

Holding Costs

Expenses incurred to store and maintain inventory over a period, including warehousing, insurance, and spoilage costs.

Product Costs

The total expenses incurred in creating a product, including direct materials, direct labor, and manufacturing overhead.