__________ refers to services that are perishable and, unlike physical products, cannot be stored in inventory.
Fill in the blank(s) with the appropriate word(s).
Intangible output
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Electronic shelf labeling allows retailers to ________
A) check inventory levels instantaneously B) order electronically from suppliers C) run continual promotional messages D) advertise sales and special offers E) change price levels instantaneously
The net present value method of evaluating proposed investments
a. measures a project's time-adjusted rate of return. b. discounts cash flows at the minimum desired rate of return. c. ignores cash flows beyond the payback period. d. applies only to mutually exclusive investment proposals.
The number of good units that can be made in a given period of time is called:
A) throughput. B) kaizen. C) manufacturing cycle efficiency. D) customer response time.
Staples provides their loyal customers with a relevant coupon based on previous purchases through their mobile phone, while they are in the store. This represents the ________ aspect of the 4E framework of social media marketing.
A. experience B. engage C. excite D. educate E. energize