Identify the Correct Statement About Quick Response (QR)systems

question 20

Multiple Choice

Identify the correct statement about quick response (QR) systems.

• A) They are developed by conventional channel members.
• B) They are also known as SKU systems.
• C) These systems are different despite the similar names adopted by various retail industries.
• D) They are designed to obtain real-time information on consumers' actions by capturing ECR data at point-of-purchase terminals.
• E) The information obtained is used to develop new or modified products, manage channel-wide inventory levels, and lower total channel costs.

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Definitions:

Molecular Polarity

A characteristic of molecules where there is an unequal distribution of electrons between atoms, leading to a molecule having a positive end and a negative end.

Methane Molecule

A chemical compound with the formula CH4, the simplest alkane and the main component of natural gas, consisting of one carbon atom surrounded by four hydrogen atoms.

Polarity

Polarity in chemistry refers to the distribution of electrical charge over atoms or molecules, causing them to have a dipole moment with partially positive and negative charges.

Ethanol

An organic compound, also known as alcohol, with the formula C2H5OH, widely used as a solvent, in the manufacture of various goods, and as a renewable fuel.