Match the Term with Its Definition

question 86

Multiple Choice

Match the term with its definition. Some terms may not be used.
-An organization in which small businesses combine their demand for products or services in order to negotiate as a group with suppliers

• A)ABC method
• B)Associative forecasting
• C)Cooperative purchasing organization
• D)Cycle counting
• E)Demand management strategies
• F)Economic order quantity
• G)Just-in-time inventory system
• H)Perpetual inventory system
• I)Physical inventory system
• J)Poka-yoke
• K)Statistical inventory control
• L)Two-bin inventory system

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Definitions:

Free Press

The unregulated and uncensored dissemination of news and information through various media outlets, considered essential for a democratic society.

Spontaneous

Occurring without apparent external cause, prompt, or planning.

Technology

The use of scientific understanding for real-world applications, particularly in the fields of industry and daily activities.

Flash Mob

A large group of people who assemble suddenly in a public place, perform an unusual act for a brief time, then quickly disperse, often organized via telecommunications or social media.