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A Group of Young Students Run an Internet Center

question 20

Essay

A group of young students run an Internet center. In an attempt to increase their profitability they start a cafe alongside the existing business. Explain the type of marketing used here.


Definitions:

Inventory-Management System

A tool or software used by businesses to track stock levels, orders, sales, and deliveries to ensure the efficient management of inventory.

Vendor-Managed Inventory System

A supply chain practice where the supplier is responsible for maintaining the inventory levels of their products at the customer's premises.

Inventory Supply System

An organizational scheme designed to monitor and manage the goods and materials a business holds in stock.

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