Wal-Mart Provides P&G Access to Sales Information on Every Item

question 101

Multiple Choice

Wal-Mart provides P&G access to sales information on every item Wal-Mart buys from P&G.The information is collected by P&G on a daily basis from every Wal-Mart store,and P&G uses the information to manage the inventory replenishment for Wal-Mart.This is an example of:

• A)Virtual collaboration
• B)Enterprise use of Intranets
• C)VoIP technologies
• D)Enterprise social media

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Definitions:

High Investment-Low Consumption

An economic strategy or situation that focuses on higher levels of investment in capital and infrastructure while maintaining lower levels of consumer spending.

Marginal Benefit

The additional satisfaction or utility that an individual gains from consuming one more unit of a good or service.

Marginal Cost

The additional expenditure involved in producing one additional unit of a good or service.

Product X

A placeholder name typically used in economics and marketing to represent a generic product under consideration.