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Exam (elaborations)
Business Essentials 4.02 Exam Questions &Answers (GRADED A)
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---1August 20242024/2025A+
- bottom line - ANSWER -a business's net income; the decisive point 
 
holding cost - ANSWER -the money it takes to keep inventory in stock 
 
inputs - ANSWER -in the operations function - resources utilized 
 
inventory - ANSWER -all the stock that a business has on hand 
 
inventory control - ANSWER -tracking the amount, the kind, and the value of inventory that a business has on hand 
 
logistics - ANSWER -refers to managing the flow of goods and services from production to consumption 
 
oper...
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