Each Time a Customer Makes a Purchase at a Walmart

question 87

Multiple Choice

Each time a customer makes a purchase at a Walmart store from the Health and Beauty area, data is transmitted to nearest distribution centre so the merchandise can be replenished and sent on the next truck delivery. Which strategy does Walmart utilize?

• A) influential logistic strategy
• B) cross check logistic strategy
• C) pull supply chain
• D) push supply chain
• E) cost efficient logistic strategy

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Definitions:

Market Price

The present cost at which a product or service can be purchased or traded within a market.

Interest Rates

The cost of borrowing money or the return earned from lending money, expressed as a percentage of the loan amount charged or earned over a specific period.

General Direction

The overall strategic approach or guidance for the operations and decisions of an organization or project.

Term to Maturity

The duration of time left until the expiration or due date of a financial instrument, such as a bond, at which point the principal is supposed to be paid back to investors.