The Process of Accurately Determining What the Customer Wants and Then

question 69

Multiple Choice

The process of accurately determining what the customer wants and then coordinating the processes and procedures within the firm and across its supply chain to meet customer needs is called ______.

• A)demand forecasting
• B)demand management
• C)demand planning
• D)demand creation

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Definitions:

Income Tax Payable

The amount of income tax a company owes to the government but has not yet paid.

Cash Paid

The total amount of cash disbursed by a business for various purposes, such as operating expenses, purchases, and investments.

Common Shares

A type of equity security that represents ownership in a corporation, entitling holders to vote at shareholders' meetings and to dividends.