Which Types of Systems Are Widely Used by Manufacturing and Distribution

question 15

Multiple Choice

Which types of systems are widely used by manufacturing and distribution firms to connect to suppliers on a global basis?

• A) TPS systems
• B) EDI systems
• C) CRM systems
• D) none of the above

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Definitions:

Consumer Price Index (CPI)

Measurement of the monthly average change in prices of goods and services.

Energy And Food Prices

The costs associated with obtaining and consuming energy resources and food commodities, which can significantly impact economic conditions and living standards.

Economic Depression

A prolonged period of significant decline in economic activity across an economy, characterized by high unemployment rates, low output, and a contraction in spending and investment.