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When You Go to the Supermarket,you See the Brand of Cookies

question 39

Multiple Choice

When you go to the supermarket,you see the brand of cookies you usually buy,and settle for it.Usually it is a good rule of thumb because it saves a lot of time.You do not ponder over every type of cookie available in the store.This is an example of a(n) _____.


Definitions:

Demand Management

The process of forecasting, planning for, and managing the demand for products and services to optimize supply chain performance.

Service Sector

The segment of the economy that includes trade, financial, lodging, education, legal, medical, and other professional occupations.

Aggressive Approach

A strategic or operational stance characterized by taking bold decisions and actions, often involving some level of risk, to achieve objectives.

Price Changes

Adjustments made to the selling price of goods or services in response to market conditions, production costs, or other factors.

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