The Last Step in the Value Creation and Delivery Sequence

question 74

Multiple Choice

The last step in the value creation and delivery sequence is ________ the value where the sales force,sales promotion,advertising,and other communication tools announce and promote the product.

• A) developing
• B) distributing
• C) communicating
• D) reversing
• E) researching

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Definitions:

Square-root Rule

A mathematical formula used in inventory management to estimate the impact of changing the number of locations on inventory levels.

Stocking Locations

Specific places where inventory is stored and managed, such as warehouses or retail storerooms.

Aggregate Inventory

The total stock of all items held across different locations within a supply chain.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.