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Gillette Wanted to Make Its Distribution System More Efficient

question 51

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Gillette wanted to make its distribution system more efficient.It decided to implant a tiny computer chip in each of its products' packages, so it could track its products and improve its inventory management.Which management function would be used to achieve the goal of greater efficiency?


Definitions:

International Transactions

Economic exchanges between countries, including the transfer of goods, services, capital, and payments across national borders.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports.

Investment Income

Income received from investment assets, such as dividends, interest, or rent.

Agribusiness Company

A business involved in the industrialized production, processing, and distribution of agricultural goods.

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