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The International Labour Organization lobbies, sponsors research, and conducts negotiations with employers in order to improve workers' life conditions. Which of the following terms best characterizes the ILO's work?
Inventory Costs
The total expenses associated with holding and managing inventory, including storage, insurance, taxes, and opportunity costs, alongside the cost of goods sold.
Transportation Costs
Expenses incurred in moving goods from one location to another, including freight, shipping, and logistics fees.
Omni-Channel Retail
A retail strategy that provides customers with a seamless shopping experience across various channels and devices.
Tangible Goods
Physical items that can be seen, touched, and possessed, distinct from services or digital products, and central to traditional economic exchange.
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