"Low-Cost Leaders Must Automate Their Processes

question 67

Multiple Choice

"Low-cost leaders must automate their processes." Which of the following is the most compelling reason to support this argument?

• A)Automation will help them differentiate their products.
• B)Automation will help them reach a wider target audience.
• C)Automation will help them eliminate human labor in certain activities.
• D)Automation will help them improve their brand image.

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Definitions:

Retailers

Businesses or individuals that purchase goods from manufacturers or wholesalers to sell them directly to consumers.

Safety Inventory

Additional stock that is kept in reserve to protect against stockouts caused by variability in demand or supply.

Time Sensitive

This term describes situations, operations, or processes that are highly dependent on the duration or timing in which they occur, necessitating prompt or precise scheduling.

Inventory Upstream

Refers to the inventory held by suppliers and manufacturers before it is distributed down the supply chain to the end consumer.