Just-In-Time Systems Are Systems Used For

question 47

Multiple Choice

Just-in-time systems are systems used for:

• A)promoting brand management.
• B)increasing market share.
• C)restricting distribution intensity.
• D)intensifying distribution.
• E)inventory management.

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Definitions:

Product Management

The organizational function responsible for the strategy, roadmap, and feature definition of a product or product line throughout its lifecycle.

Inseparability

A characteristic of services indicating that they are produced and consumed simultaneously, and cannot be separated from their providers.

Intangibility

A characteristic of services that means they cannot be seen, touched, tasted, or easily quantified before they are purchased.

Perishable Nature

A characteristic of goods that have a limited lifespan and deteriorate or lose value over time, such as food products or live plants.