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When Keisha received a free sample of Advil PM in a stiff cardboard mailer,a pain reliever designed to help people sleep,the mailer also included a certificate for $2 off the purchase of the over-the-counter drug.Obviously,the manufacturer of Advil PM is using a:
Just-In-Time Inventory
An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.
Inventory Levels
A measure of the quantity of goods and materials on hand in a business at any given time.
Planning
The process of defining goals, establishing strategies, and outlining tasks and schedules to achieve the goals.
Human Resources
The department within a business that is charged with finding, screening, recruiting, and training job applicants, as well as administering employee-benefit programs.
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