Objectives of Service Guarantees Include All of the Following EXCEPT

question 35

Multiple Choice

Objectives of service guarantees include all of the following EXCEPT:

• A) building brand image.
• B) reducing customer risk.
• C) forcing operational improvement.
• D) allowing reduced pricing.

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Definitions:

Consignee

The party or entity that receives goods for sale, storage, or transfer but does not take ownership of those goods until they are sold.

LIFO Inventory Method

"Last-In, First-Out" is an accounting method for valuing inventory where the most recently produced items are recorded as sold first.

Physical Inventory

The process of counting all physical merchandise or stock in a business at a specific time to verify the quantities on hand.

Consignment

A process where goods are sent by their owner to an agent for the purpose of sale, storage, or shipment.