Saving for Protection Against Unexpected Setbacks-Such as the Loss of a Job

question 70

Multiple Choice

Saving for protection against unexpected setbacks-such as the loss of a job or a medical emergency-is called ________ saving.

• A)public
• B)bequest
• C)precautionary
• D)life-cycle

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Definitions:

Transportation Cost

The expense incurred in moving goods or materials from one location to another.

Outbound Shipment

The process of sending goods from a warehouse or distribution center to their next destination, which could be another distribution center, a retail store, or the end customer.

Omni-Channel Retail

A seamless approach to retail that integrates the different methods of shopping available to consumers, such as online, in a physical store, or through a mobile device.

Shopping Experience

The overall perception and satisfaction of a customer during the process of purchasing products or services, including factors like convenience, service, and atmosphere.