In the Past, Manufacturer's Representatives Did Not Have Real-Time Inventory

question 110

Multiple Choice

In the past, manufacturer's representatives did not have real-time inventory data about the products they were selling. Today, manufacturer's representatives are often provided online access to inventory data for the companies they represent. These online inventory systems allow companies to become more value driven by

• A)sharing information across their own organizations and with other firms.
• B)balancing customers' benefits and costs with customers' needs and wants.
• C)evaluating strategic competitive partnerships.
• D)building relationships with government regulators of marketing institutions.
• E)keeping prices below those charged by competitors.

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Definitions:

Credit Request

A formal application made by an individual or business seeking to borrow money or obtain goods or services on credit.

Denying Credit

The refusal to acknowledge someone's contribution or role in achieving something.

Employment Duration

The length of time an individual is employed in a specific job or with a particular company.

Softening Bad News

This involves delivering unfavorable information in a way that minimizes upset or harm, often by framing the message with positive or neutral statements.