The Collection of Product Movement Data for Wholesalers and Retailers

question 72

Multiple Choice

The collection of product movement data for wholesalers and retailers is called ________.

• A) an audit
• B) a panel
• C) a survey
• D) a focus group
• E) a movement exam

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Definitions:

Michael Hammer

A pioneer of business process reengineering, known for his work on improving operational efficiencies and workflows in organizations.

Process Reengineering

A business management strategy focusing on the analysis and redesign of workflows and processes within an organization to achieve significant improvements in critical performance measures, such as quality, cost, service, and speed.

Business Processes

A set of structured activities and tasks carried out by an organization to produce a specific service or product or to achieve particular business objectives.

Organization

An entity comprising multiple people, such as a company or association, structured to achieve specific goals or tasks.