Landed Costs Refer To

question 60

Multiple Choice

Landed costs refer to:

• A)a product that is shipped via surface transport
• B)a product that is quoted cash on delivery
• C)a prepaid shipment
• D)a price that includes both the cost of the product plus transportation to the buyer

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Definitions:

Productivity

The efficiency with which resources are used to produce goods and services.

Differentiation

The process of distinguishing a product or service from others to make it more attractive to a particular target market.

Tangibility

Tangibility refers to the physical nature of a product, distinct from services or digital products, which can be seen, touched, and owned physically.

Sustainability

The practice of maintaining processes or states in ways that do not deplete the resources or harm the environment for future generations.