________ is usually the second largest cost, behind the cost of goods sold that a company will incur.
Fill in the blank(s) with the appropriate word(s).
Answer: Transportation
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Which of the following statements regarding corporate chains is most accurate?
A. Corporate chains are multiple outlets under common ownership. B. Corporate chains generally own most if not all of their suppliers, a practice known as forward integration, so they can save distribution costs. C. Corporate chains offer the least benefit to consumers since they are the farthest removed from the ultimate consumer. D. Consumers have fewer choices in merchandise since all buying decisions are made by a decentralized buying committee. E. Corporate chains cannot bargain with a manufacturer to obtain product volume discounts due to federal anticompetitive legislation.
When Jerry took delivery of his brand new Karuaf automobile, he was filled with pleasure and excitement as Karuaf is a very expensive brand. This is an example of the _____ effect associated with the price-quality relationship
a. durability b. allocative c. prestige d. hedonistic
Which of the following is the correct formula for calculating depreciation under the straight-line method?
A) Straight-line depreciation = (Cost + Residual value) / Useful life B) Straight-line depreciation = (Cost - Residual value) / Useful life C) Straight-line depreciation = (Cost + Residual value) x Useful life D) Straight-line depreciation = (Cost - Residual value) x Useful life
Physical ability tests tend to predict performance, accidents, and injuries.
Answer the following statement true (T) or false (F)