Inventory Management Systems That Are Designed to Make the Process

question 146

Multiple Choice

Inventory management systems that are designed to make the process of reordering and receiving products as simple as possible are referred to as

• A)efficient consumer response systems.
• B)order replenishment systems.
• C)customer logistics factors.
• D)minimum-inventory systems.
• E)web-based response systems.

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Definitions:

Multinational Corporation

A large company that operates in multiple countries around the world, beyond its home country.

Facilities

Buildings, equipment, services, and other resources provided for a specific purpose or activity.

Political Policies

Strategies and decisions made by a government or political party that guide the administration of a country and affect its citizens and economic conditions.

Emerging Market

a market in a country that has some characteristics of a developed market but is not fully developed, often characterized by rapid growth and increased investment opportunity.