Vendor-Managed Inventory Is

question 65

Multiple Choice

Vendor-Managed Inventory is:

• A)An approach in which the wholesale is responsible for replacing inventory to meet retailers' needs.
• B)An approach in which the manufacturer is responsible for replacing inventory to meet retailers' needs.
• C)An approach in which the manufacturer train retailers' salespeople to sell more.
• D)An approach in which the wholesalers train retailers' salespeople to sell more.
• E)An approach in which all marketing intermediaries share their inventory information.

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Definitions:

Recommendations

Suggestions or advice designed to guide decisions or actions, typically based on analysis or expertise.

Location-sensing Capabilities

The ability of a device or system to determine its position in a physical space, often using GPS, Wi-Fi, or cellular data.

Mobile Devices

Electronic devices that are portable and support a wide range of communications, computing, and information services to users.

High Level

Pertaining to a broad overview or general summary that does not delve into detailed specifics, often used in discussions or plans.