The Company That You Work for Has Outlined the Following

question 124

Multiple Choice

The company that you work for has outlined the following to its customers: On-time deliveries will be set at 95 percent; ordering and billing accuracy will be at a minimum of 98 percent; and four warehouses will be established to serve western provinces. These policies are examples of

• A) customer responsiveness.
• B) integrated logistics systems.
• C) market logistics.
• D) targeted marketing.
• E) supply chain management.

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Definitions:

Capitalism

Is the dominant economic system in the world. Private ownership of property and competition in the pursuit of profit characterize capitalist economies.

Social Mobility

The movement of individuals or groups within or between social strata in a society.

Fluid Societies

Societies characterized by flexibility and adaptability in their social structures, allowing for greater mobility and change among their members.

Inequality

The unequal distribution of resources, opportunities, and privileges among individuals or groups, often based on characteristics like wealth, income, race, education, and gender.