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Some securities are considered to be "defensive" in that they tend to hold their value or increase in value when the majority of securities are losing value, such as during a recession. What could one conclude about the betas of defensive securities?
Poor Handling
Inadequate or careless management of items, which often results in damage or loss.
Spoiled
Usually refers to goods or materials that have become unfit for use or consumption due to damage, deterioration, or passing their expiration dates.
Unfit for Use
Refers to a condition where an item, equipment, or facility is not suitable or safe for its intended purpose.
Material Handling Expenses
Costs incurred in the process of moving, protecting, storing, and controlling materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.
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