A Retailer Has an Outside Party to Undertake One or More

question 59

Multiple Choice

A retailer has an outside party to undertake one or more of its operating functions in ________.

• A) outsourcing
• B) benchmarking
• C) re-engineering
• D) scenario analysis

---

Definitions:

Memory Process

The series of steps that include encoding, storing, and retrieving information.

Retention

The process of storing information.

Recall

The mental process of retrieving information or memories from the past.

Short-Term Memory

A temporary storage system for information in the brain, holding data for brief periods before it's either forgotten or transferred to long-term memory.