Which Business Process Is Based on the Activities Involved in Customer

question 33

Multiple Choice

Which business process is based on the activities involved in customer data collection,forecasting of future demand,synchronization of supply and demand by comparing production capacity to forecasts,and the development of activities to "smooth out" demand?

• A) Manufacturing flow management
• B) Customer service management
• C) Product development and commercialization
• D) Order fulfillment
• E) Demand management

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Definitions:

Null Hypothesis

The theory suggesting that any noted discrepancies between certain groups are merely the result of sampling or experimental inaccuracies, asserting no substantial variance exists.

Sample Size

Refers to the number of observations or data points collected from a population for the purpose of statistical analysis, influencing the accuracy of the results.

Pooled Proportion

A method used to combine the proportions from different groups in statistical analysis to obtain a common proportion.

Test Statistic

A value calculated from sample data during a hypothesis test that is used to decide whether to reject the null hypothesis.