Examlex
The supplier for Omega Corporation has offered the company a 5 percent discount if it will order more units less frequently.If Omega accepts the supplier's offer,the cost of carrying inventory will _____ and the cost of running out of inventory will _____.
Increase
A rise or growth in quantity, size, intensity, or extent of a particular object or phenomenon.
Modernization Theory
is a sociological theory that looks at the processes through which societies move from traditional or less developed institutions to those characteristic of more developed societies.
Functionalism
A theoretical perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability, focusing on the social functions of different structures.
Consistent
Refers to something that is characterized by staying the same over time, not changing or varying.
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