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

---

Definitions:

ISO Certification

A standardization seal awarded by the International Organization for Standardization, indicating that a company meets high criteria of quality and efficiency.

International Quality Standards

Guidelines and specifications set by international bodies to ensure products, services, and systems are safe, reliable, and of good quality.

Operations

the day-to-day activities required for a business to function effectively, including production, supply chain, and service delivery.

Continuous Improvement

Continuous improvement is an ongoing effort to enhance products, services, or processes through incremental improvements over time or breakthrough improvements all at once.