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Walmart Has Developed a Sophisticated Inventory Management and Cost Control

question 49

Multiple Choice

Walmart has developed a sophisticated inventory management and cost control system that allows rapid price changes for each product in the store.The firm also uses technologies such as ________ to improve the quality of information available about products.


Definitions:

Types of Intelligence

Multiple theories exist identifying different forms of intelligence, such as linguistic, logical-mathematical, musical, and spatial.

Gardner

Gardner refers to Howard Gardner, an American developmental psychologist best known for his theory of multiple intelligences, which proposes that intelligence is not a single general ability but rather includes multiple, specific modalities.

Intelligence

The ability to acquire knowledge, think abstractly, and adapt to new situations effectively.

Howard Gardner

An American developmental psychologist known for his theory of multiple intelligences, which suggests that intelligence is multidimensional and not confined to a single general ability.

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