Synergy Tech Has a Program That Offers Consumers Money Back

question 116

Multiple Choice

Synergy Tech has a program that offers consumers money back for their old Synergy computers so that the materials used to make the computer can be retained within a closed system. Which of the primary environmental goals does Synergy's program address?

• A) Eliminate the concept of waste.
• B) Reinvent the concept of a product.
• C) Make environmentalism profitable.
• D) Make prices reflect the cost.
• E) Create fewer durable goods.

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Definitions:

Carrying Cost

This is the total cost of holding inventory, including storage, handling, insurance, and opportunity costs.

Fixed Cost

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.