Of the Following,which Is NOT a Term That Refers to a Highly

question 19

Multiple Choice

Of the following,which is NOT a term that refers to a highly addictive,purified form of cocaine?

• A)crank
• B)freebase
• C)crack
• D)rock

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Definitions:

Inventory Carrying Costs

The costs required to make or buy a product, including risk of obsolescence, taxes, insurance, and warehousing space used to store the goods.

Taxes

Mandatory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Insurance

A financial product sold by insurance companies to safeguard against financial risk and unforeseen losses.

Supply Chain Management

The actions the firm takes to coordinate the various flows within a supply chain.