The Quick Response Program,developed in the 1980's,was an Offshoot of the Following

question 23

Multiple Choice

The Quick Response program,developed in the 1980's,was an offshoot of the following supply chain concept:

• A)Efficient Consumer Response
• B)Six Sigma
• C)Just-in-Time
• D)Cross Docking

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Definitions:

Discriminate in Prices

The practice of charging different prices to different consumers for the same product or service, based on various factors such as willingness to pay, location, or purchase volume.

Unlawful

Actions or conduct that are not permitted by law and could lead to legal penalties.

Fair Trade Act

Legislation aimed at ensuring producers in developing countries are paid fair prices for their goods.

Consumerism

An economic and social system that promotes the continuous increase in purchasing and consuming goods and services.