Through the Use of Automatic Shipping Notices,Ace Hardware Is Effective

question 77

Multiple Choice

Through the use of automatic shipping notices,Ace Hardware is effective at removing unnecessary costs from its supply chain.According to a VP of inventory for the retailer,"Information gathering that used to take three or four phone calls now is available immediately." This is an example of the use of _____ integration.

• A) relationship
• B) social
• C) functional
• D) technology and planning
• E) internal operations

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Definitions:

Current Value

The present monetary or market worth of an asset or investment.

Interest Rate

The cost of borrowing money, expressed as a percentage of the total amount loaned, paid by borrowers to lenders.

Present Value

The contemporary valuation of an anticipated sum of money or cash flow sequence, based on a given return rate.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.