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Recently,Walmart asked that Procter & Gamble (P&G) link its computerized cash register scanning equipment and direct electronic ordering and replenishing systems to all of its stores.This way,Walmart can tell P&G what merchandise it needs to replenish,along with how much,when,and to which store to deliver it on a daily basis.From this description,Walmart is engaged in __________.
Product Prices
The amount of money required to purchase a product, influenced by cost of production, supply, demand, and market competition.
Minimum Standard
The lowest level of quality, performance, or subsistence considered acceptable by regulatory bodies or society.
Income Inequality
The unequal distribution of income among individuals or households within a population.
Goods And Services
The physical items (goods) and activities or benefits (services) that fulfill consumer needs and wants.
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