Many Industry Initiatives Have Attempted to Create Efficiency and Effectiveness

question 23

Multiple Choice

Many industry initiatives have attempted to create efficiency and effectiveness through the integration of supply chain activities and processes. Among the various initiatives is/are

• A) quick response (QR)
• B) vendor-managed inventory (VMI)
• C) efficient consumer response (ECR)
• D) all of these answers

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Definitions:

Phyletic Gradualism

Phyletic gradualism is an evolutionary model suggesting that species evolve through a gradual change of populations over long periods of time.

Speciation

The evolutionary process by which new biological species arise.

Isolating Mechanisms

Biological features or behaviors that prevent species from interbreeding, thus maintaining species boundaries and genetic integrity.

Prezygotic

Referring to mechanisms that prevent fertilization or mating between species, such as geographical separation or timing differences in mating.