BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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F, D, A, B, C, E
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F, D, B, C, E, A
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A, B, C, D, E, F
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B, C, D, E, F, A
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Detailed explanation-1: -Procedure required for receiving goods confirming the dispatch of goods. receiving goods with order and invoice. checking the quantity of goods, description about the goods and quality of container. thorough checking of goods before the invoice is signed.
Detailed explanation-2: -A cost is composed of three elements – Material, Labour and Expenses. Each of these three elements can be direct and indirect, i.e., direct materials and indirect materials, direct labour and indirect labour, direct expenses and indirect expenses.
Detailed explanation-3: -The COGS formula is: COGS = the starting inventory + purchases – ending inventory.
Detailed explanation-4: -Warehousing helps reduce errors, damage to your goods and prevents it from getting lost or stolen during your order fulfillment process helping you deliver your goods on time and increasing your brand value in your customers’ perception.