What Did Christopher Columbus and Jacques Cartier Have in Common

question 17

Multiple Choice

What did Christopher Columbus and Jacques Cartier have in common?

• A) Both were looking for a western passage to the Indies.
• B) Both made imperial claims of land in the Americas for Spain.
• C) Both found spices in the New World that they exported to Europe.
• D) Both founded permanent settlements in the Americas.

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Definitions:

Collaborative Planning

A strategy where multiple stakeholders work together in the planning process to improve supply chain efficiency and meet shared goals.

CPFR

Collaborative Planning, Forecasting, and Replenishment, a business practice that combines the intelligence of multiple trading partners in the planning and fulfillment of customer demands.

Demand Management

The process of forecasting, planning, and managing the demand for products and services to optimize resources and ensure alignment with supply capabilities.

Safety Stocks

An inventory management method aimed at preventing stockouts by maintaining a predefined level of extra stock for products.