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_____ Is a Term Used to Describe Unpredictable, but Highly

question 15

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_____ is a term used to describe unpredictable, but highly impactful events.


Definitions:

Net Sales

The total revenue generated from sales of goods or services, after deducting returns, allowances for damaged or missing goods, and discounts.

Inventory Value

The total cost or market value of all the goods and products held by a company intended for sale.

Cost

The amount of money or resources expended in order to acquire an asset or carry out a specific activity.

Market

A public place or an institution where goods, securities, commodities, or services are traded.

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