A Catalog Merchant Wants to Build a New Distribution Center

question 131

Multiple Choice

A catalog merchant wants to build a new distribution center that will improve inventory management,storage of products,shipping,and returns.The company develops a close relationship with UPS,its main supplier of shipping services.UPS helps the catalog merchant design its new distribution center so that it coordinates well with the shipping processes at UPS.This arrangement reduces shipping costs and improves service to the catalog merchant's customers.This situation is an example of

• A)information sharing.
• B)negotiated contract buying.
• C)legal bonds.
• D)competition.
• E)relationship-specific adaptations.

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Definitions:

Postmodernity

A term that characterizes postindustrial societies, including a focus on the production and management of information and skepticism of science and technology.

Modernity

The quality or condition of being modern, often associated with cultural and economic developments in society following the Age of Enlightenment.

Social Change

The alteration over time in behavior patterns, cultural values, and norms of a society.

Cultural Diffusion

The process by which cultural beliefs, practices, and items spread from one society or culture to another.