Efficient Consumer Response Was Initially Developed in the 1990's for the Following

question 25

Multiple Choice

Efficient Consumer Response was initially developed in the 1990's for the following industry:

• A)Fashion
• B)Grocery
• C)Small Electronics
• D)Automobile

---

Definitions:

Sustained Economic Growth

A prolonged period of increase in the goods and services produced by an economy, indicating health and prosperity.

Living Standards

A measure of the wealth, comfort, material goods, and necessities available to individuals or societies.

U.S. Investment

The activity of allocating resources, usually in the form of capital or money, into the United States' financial assets or business ventures with the expectation of achieving a profit.

Gross Savings

The total amount saved by an economy before accounting for depreciation.