Which of the Following Are Considered to Represent Some Key

question 28

Multiple Choice

Which of the following are considered to represent some key customer changes occurring today?

• A) a desire to purchase from fewer suppliers
• B) rising service expectations
• C) increasing negotiating power
• D) all of the above with the exception of b
• E) all of the above

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Definitions:

Distribution Centers

Specialized buildings that are designed to store products for retailers or manufacturers and distribute them to various destinations efficiently.

Frequent Replenishment

The practice of restocking inventory more often to ensure a high level of product availability and customer satisfaction.

Information Sharing

The practice of exchanging information between parties, ensuring that all stakeholders in a process or system have the data necessary to make informed decisions.

Analytics

Analytics involves the systematic computational analysis of data or statistics, used for the discovery, interpretation, and communication of meaningful patterns in data.