Top Retailers Such as Wal-Mart and Toys "R" Us Get

question 10

Multiple Choice

Top retailers such as Wal-Mart and Toys "R" Us get information from their stores around the world every two hours via telecommunications. This would be an example
Of ______________________ in action.

• A) productivity management
• B) trend management
• C) a very costly procedure
• D) management by objectives
• E) real-time management

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Definitions:

Variable Cost

Costs that are directly influenced by the quantity produced or the volume of sales transactions.

Transfer Price

The cost applied to goods or services exchanged between units or branches of the same organization.

Antennae Division

A specialized unit or department within an organization focused on telecommunications or related technological functions, involving the use of antenna systems.

Outside Supplier

A third-party company that provides goods or services to another company as part of the purchasing company's supply chain.