Early Cut Expenses by Offering Few Services and Operating in Warehouse-

question 76

Multiple Choice

Early cut expenses by offering few services and operating in warehouse- like facilities in low- rent,heavily traveled districts.

• A)off- price retailers
• B)chain stores
• C)factory outlet malls
• D)full- service retailers
• E)discount stores

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Definitions:

APICS

APICS stands for the Association for Supply Chain Management, a professional association for supply chain management and logistics professionals, offering certification programs and training.

PMI

The Project Management Institute, a professional organization for project management providing best practices, certifications, and education.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period that businesses use for financial reporting and budgeting.

Critical Decisions

Decisions that have a significant impact on the outcome or success of a particular process, project, or organization.