Which of These Are Designed to Reduce an Organization's Inventories

question 143

Multiple Choice

Which of these are designed to reduce an organization's inventories to zero?

• A) Just-in-time systems
• B) Stockless systems
• C) Kanban systems
• D) All of these
• E) Just-in-time systems and stockless systems

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Definitions:

Marketing Mix

The set of controllable marketing tools—product, price, place, and promotion—that a company uses to produce a response in its target market.

Promotion

The advancement of a product, idea, or person through advertising or publicity to increase visibility or sales.

Integrated Marketing Communications

A strategic approach that combines various forms of communication and marketing tactics to provide a consistent message about a brand or product.

Gross Rating Points

Gross rating points measure advertising impact, indicating the sum of ratings achieved by a specific media campaign in a targeted audience.