In a Retail Environment,rather Than Build Inventories of Merchandise That

question 138

Multiple Choice

In a retail environment,rather than build inventories of merchandise that might sit for months before selling (or worse,never sell at all) ,retailers using ________ replenish their inventories constantly on an as-needed basis.

• A)Electronic Inventory Process
• B)Electronic Consumer Behavior
• C)Efficient Consumer Response (ECR)
• D)None of the above

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses from revenues, including taxes and interest.