Which of the Following Value Chain Elements Is Associated with the Costs

question 135

Multiple Choice

Which of the following value chain elements is associated with the costs of shipping inventory to the retail outlet in a merchandising company?

• A)Design
• B)Distribution
• C)Production and Purchases
• D)Customer Service

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Definitions:

Stimulus Package

A set of government measures, typically involving spending and tax cuts, intended to boost economic activity during a downturn.

Great Recession

The severe global economic downturn that occurred from late 2007 through mid-2009, characterized by significant declines in economic activity worldwide.

Automatic Stabilizers

Automatic stabilizers are economic policies and programs, like unemployment insurance and progressive taxation, that automatically adjust to dampen economic fluctuations without additional government action.

Fair Tax

A proposed tax reform that suggests replacing current income and federal taxes with a single national sales tax to simplify the tax system.