Which Benefits Does Efficient Supply Chain Management Provide Retailers Concerning

question 60

Multiple Choice

Which benefits does efficient supply chain management provide retailers concerning product availability?

• A)reduced stockouts and employee productivity
• B)reduced stockouts and tailored assortments
• C)increased stock level and tailored assortments
• D)increased backup stock level and reduced stockouts
• E)tailored assortments and right pricing levels

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Definitions:

Essentials

Fundamental elements or components necessary for the basic functioning or success of a system, organization, or activity.

Succession Plan

A strategy for identifying and developing new leaders who can replace old leaders when they leave, retire, or die, to ensure organizational continuity.

Retirement Contingency

A plan or preparation for potential variables or unforeseen events that may affect one's retirement.

Heirs

Heirs are individuals legally entitled to receive a portion or all of an estate upon the death of the estate's owner.