Demand Management Involves Which of the Following Undertakings

question 141

Multiple Choice

Demand management involves which of the following undertakings?

• A) Adjusting capacity to support expected demand
• B) Engaging in activities associated with customer relationship management
• C) Creating higher customer demand by improving performance in areas such as lead time and service levels
• D) Understanding events and managing activities that could influence future demand

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Definitions:

Training Customer's Staff

The process of providing learning and development activities to a customer's employees, aiming to enhance their skills and performance.

Installment Sales Method

An accounting method used to recognize revenue when payments are received over time in installments, rather than at the point of sale.

Cost Recovery Method

An accounting technique used for recognizing revenue only once the costs of the sold goods or services have been recovered.

Uncollectible Accounts

Also known as bad debts, these are receivables that a business is unable to collect, often leading to their write-off as an expense.