The Efficient Consumer Response (ECR)movement Was Formed to

question 39

Multiple Choice

The efficient consumer response (ECR) movement was formed to

• A) reduce the separation of manufacturer and retailer.
• B) make supply chains more responsive to changes in consumer demand.
• C) combat the bullwhip effect.
• D) do all of the above.

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Definitions:

Financial Computers

Computers or computer systems specifically designed and used for financial transactions, operations, and planning.

White-Collar Crime

A variety of nonviolent illegal acts against society that occur most frequently in the business context.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.

Racketeer Influenced

Relates to activities influenced by organized crime, often associated with businesses or operations that engage in illegal practices.