Examlex
Which of the following statements is CORRECT?
Quick Response
A strategy or system aimed at increasing efficiency and reducing response times, often used in supply chain management and manufacturing.
Just-in-time Delivery
A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.
Extreme Value Offers
Promotions or sales offering products or services at exceptionally low prices, often to attract a significant number of customers or clear out inventory.
Merchandise And Services
encompasses the goods that are sold and the activities performed for customers as part of business operations.
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