Giga-Mart Has an IT System That Links the Firm's Suppliers

question 30

Multiple Choice

Giga-Mart has an IT system that links the firm's suppliers, manufacturers, customers, and intermediaries.Giga-Mart most likely has a(n) ________,

• A)TQM (total quality management)
• B)JIT (just-in-time)
• C)EDI (electronic data interchange)
• D)ERP (enterprise resource planning)

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Definitions:

Gross Return

The total return on an investment before any deductions are made for costs or expenses.

Managed Investment Companies

Firms that invest pooled funds from clients, taking on the responsibility of investment decisions and management for those funds.

Closed-end Funds

Investment funds that have a fixed number of shares which are not redeemable from the fund. Instead, the shares can be purchased or sold only in the market, at their current market price.

Unit Investment Trusts

An investment company offering a fixed portfolio of securities in a one-time public offering, with units redeemable on demand.