Which of the Following Is Not a Benefit of "Quick

question 46

Multiple Choice

Which of the following is not a benefit of "quick response" for retailers?

• A) Reduced dependency on forecasts
• B) Reduced transportation costs
• C) Reduced inventory holding costs
• D) Better match between supply and demand
• E) All of the choices are benefits

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Definitions:

Proxy

A person who is authorized to vote the shares of another person. Also, the written authorization empowering a person to vote the shares of another person.

Ultra Vires

A Latin term meaning “beyond the powers”; in legal context, actions taken by a corporation or company officials that are beyond their legally granted corporate powers.

Quorum

That number of persons, shares represented, or officers who may lawfully transact the business of a meeting called for that purpose.

Adopting And Amending Bylaws

The procedure for creating and modifying the rules that govern the internal management of an organization, typically requiring approval by its governing body or members.