Which of the Following Is NOT a Reason Why a Service

question 8

Multiple Choice

Which of the following is NOT a reason why a service firm may avoid a customer relationship with a particular customer?

• A) Customer is in the wrong segment
• B) Customer is not divisible
• C) Customer is not always right
• D) Customer is not profitable in the long run
• E) Customer is difficult

Identify the effects of MRP on inventory management and response to market changes.

Grasp the role of dependent demand in determining the quantity required of items.

Understand the lot-sizing techniques and the conditions under which they are applied.

Recognize the purpose and implementation challenges of ERP systems and their impact on supply-chain efficiency.

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Definitions:

Economic Revival

Refers to the process of economic recovery following a period of recession or depression, marked by an increase in production, employment, and consumer spending.

New Federalism

A political philosophy that advocates for the transfer of certain powers from the federal government back to the states, aiming to increase local control and reduce the scope of federal authority.

General Revenue-Sharing

A federal program initiated in 1972 that provided state and local governments with funds to be used at their discretion, without specific requirements on how to spend them.