Anchor Inc

question 27

Multiple Choice

Anchor Inc. is a retailer that acts as an intermediary for buyers and sellers. As a marketing intermediary, it serves several functions that include buying, selling, and assuming title risks for a manufacturer's products. Apart from them, it has to serve the function of facilitating a purchase order. In order to do so, which of the following should the company do?

• A) Inspect, test, and judge products to assign them quality grade.
• B) Create product assortments from several sources to serve customers.
• C) Physically move products to customers.
• D) Assemble products at a convenient location to offer better customer service.

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Definitions:

Mass Customization in HR

Personalizing the management and development of employees on a large scale to meet individual needs while achieving efficiency.

Human Capital Segmentation

The process of dividing an organization's human capital into key groups based on various criteria for strategic management purposes.

HR Supply Analysis

The process of determining the future supply of human resources available within an organization, accounting for factors like retirements, promotions, and turnovers.

Skills Inventories

Databases or lists that track the abilities, qualifications, and experiences of an organization's employees.