When a firm engages in extended storage they normally are: a) Holding inventory in excess of typical replenishment requirements b) Speculating that inventory cost will decrease c) Engaged in customization d) Performing value added services.

The correct answer is a) Holding inventory in excess of typical replenishment requirements.

Explanation:

Prolonged storage determines excess inventory in a given time, which is a great challenge due to having enough space to receive all the merchandise and all the necessary process to guarantee its care. The companies that carry out these tasks generally have the necessary experience to insure the merchandise until the moment it must be removed from the warehouse or storage.

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

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