________ Is the Sharing of Forecasts and Related Business Information

question 52

Multiple Choice

________ is the sharing of forecasts and related business information between retailers and vendors to improve supply chain efficiency and product replenishment.

• A) Automated replenishment system
• B) Universal Product Code (UPC) system
• C) Electronic data interchange (EDI) system
• D) Point-of-sale (POS)
• E) Collaborative planning, forecasting, and replenishment (CPFR)

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Definitions:

Working Generation

The group of individuals currently active in the workforce, contributing their labor and skills to the economy.

John Holland's Model

A theory that matches individuals' preferences in work environments to six personality types, aiding in career choice and satisfaction.

Social People

Individuals who exhibit a high degree of sociability, enjoying being with others and participating in social activities.

Tactful

The ability to communicate and act in a way that considers other people's feelings and reactions, often to avoid offense or conflict.