Retailers with Less Sophisticated Forecasting and Information Systems Tend to Use

question 72

Multiple Choice

Retailers with less sophisticated forecasting and information systems tend to use a(n)

• A) cost efficient logistic strategy.
• B) cross check logistic strategy.
• C) influential logistic strategy.
• D) pull supply chain.
• E) push supply chain.

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Definitions:

Organizations

Structured groups of individuals working together to achieve common goals, utilizing systems of governance and processes to facilitate coordinated action.

Democratic Socialism

A political ideology advocating for democratic means to achieve and maintain a socialist economic system.

Government Intervention

Actions taken by a government to influence or directly participate in economic, social, or other sectors, with the aim of achieving specific outcomes or goals.

Economic System

An economic system is a structured and organized way a society decides to produce, distribute, and consume goods and services.