Which of the Following Statements Are Not True in Relation

question 13

Multiple Choice

Which of the following statements are not true in relation to New South Wales Fair Trading (NSWFT) ?

• A)NSWFT has the power to order a business to stop operating in New South Wales.
• B)NSWFT has the power to prohibit unconscionable conduct.
• C)NSWFT has the power to order product recalls.
• D)All of the above.

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Definitions:

Enterprise Resource Planning

Integrated management software systems that are used to collect, store, manage, and interpret data from various business activities, facilitating information sharing across the organization.

SCM

Supply Chain Management, the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Just-In-Time Production

A manufacturing methodology aimed at reducing inventory costs by producing goods only as they are needed in the production process or by the customer.

Inventory Replenishment

The process of adding stock to inventory to maintain desired levels and fulfill customer orders without delay.