According to the Text,a Survey Discloses That 31 Percent of the Respondents

question 33

Multiple Choice

According to the text,a survey discloses that 31 percent of the respondents preferred the client's brand,while 30.8 percent preferred the closest competing brand.In such a case,it is perfectly fine to announce that the client's brand is the dominant brand.Such a situation would be ________.

• A) acceptable based on the facts of the survey
• B) acceptable if only the client was told this
• C) impossible to weigh in with a moral judgment based on these details
• D) unacceptable if only the client was told this
• E) unacceptable because it is misleading. The brands have virtual parity.

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Definitions:

Collaborative Planning

A strategy where multiple stakeholders work together to forecast demand, share information, and ensure supply chain efficiency.

Forecasting

The process of making predictions about future events, trends, or behaviors based on historical data and analysis.

Replenishment

Entails the process of replenishing inventory or stock to ensure a continuous supply of products to meet customer demand.

VMI System

Vendor-Managed Inventory System; a streamline approach where the supplier is responsible for maintaining the buyer's inventory levels, often based on shared data.