After Installing an Electronic Data Interchange,Carmella's Gift Shop Was Able

question 46

Multiple Choice

After installing an electronic data interchange,Carmella's gift shop was able to reduce _______,the amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise.

• A) quick time
• B) the advance notice
• C) lead time
• D) float time
• E) supply chain conflict time

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Definitions:

Individual Incentive Systems

Programs designed to motivate and reward employees based on their personal performance or achievements.

Reward Distribution

The method or strategy used by an organization to allocate rewards among employees, often based on performance, seniority, or other criteria.

Stock Option Plans

incentive schemes that give employees the option to purchase shares of their company's stock at a set price, typically as part of their compensation package.

Specified Conditions

Conditions that are defined or stated clearly and explicitly, often relating to specific parameters or requirements in a given context.