The Ability of Firms to Produce for Inventory and to Create

question 39

Multiple Choice

The ability of firms to produce for inventory and to create order backlogs helps ________ tacit collusion.

• A)avoid
• B)ramp down
• C)facilitate
• D)prevent

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Definitions:

ERP

Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management, compliance, and supply chain operations.

Big Data

The collection and analysis of large and complex data sets that traditional data-processing application software are inadequate to deal with.

EDWs

Enterprise Data Warehouses; centralized repositories that store and manage large volumes of structured and unstructured data across an organization.

Analytics

The systematic computational analysis of data or statistics, used for discovering and interpreting patterns, and for decision making.