To Provide the Required Level of Customer Service, to Minimize

question 100

Multiple Choice

To provide the required level of customer service, to minimize the costs of transportation and handling, and to interact with a factory to minimize scheduling problems are all objectives of:

• A) enterprise resources planning.
• B) distribution inventory management.
• C) sales and operations planning.
• D) customer relations management.

Understand the use of electronic funds transfer systems in managing business transactions.

Recognize the function and utilization of a lockbox system to enhance cash management.

Distinguish between current and long-term assets and liabilities.

Understand the basics of working capital management and its significance in financial management.