MS Market Is a Proprietary Internal E-Commerce _______________ System That

question 64

Multiple Choice

MS Market is a proprietary internal e-commerce _______________ system that works on Microsoft's intranet and has drastically reduced the personnel needed to manage low-cost requisitions.

• A) sales
• B) inventory
• C) purchasing
• D) marketing

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Definitions:

Revenue Management Systems

Revenue management systems are sophisticated platforms that allow businesses to strategically control pricing and inventory to maximize revenue.

Supply Chain Profitability

Measures the overall financial gain achieved through the management and operation of a supply chain, from procurement of raw materials to delivery of final products.

Market Segments

Distinct groups of consumers within a market who share similar needs, preferences, or characteristics, which businesses target with specific products or marketing strategies.

Revenue Management Tactic

Strategies used by companies to optimize their financial performance by forecasting demand and adjusting prices or availability accordingly.