Holding or Carrying Costs Include the Costs Of

question 22

Multiple Choice

Holding or carrying costs include the costs of:

• A)ordering materials and inventory.
• B)receiving and inspecting items and all administrative costs.
• C)insurance,taxes,depreciation,etc.
• D)processing a purchase order.

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Definitions:

Marketing Mix

The set of tactical marketing tools—Product, Price, Place, Promotion—that a company uses to produce the response it wants in the target market.

Product Attributes

The characteristics that define a product and contribute to its perceived value among consumers, such as quality, features, design, and brand reputation.

Customer Relationship

The approach a company takes to managing its interactions with current and potential customers, often to improve loyalty and engagement.

Niche Segments

Specific, narrowly defined market segments targeted by businesses with tailored products or services.