When the sales of a certain brand of diet soda slowed, a national grocery retailer decided to drop the price of that product, which resulted in a large increase in sales of the soda. This sales increase is a type of
A. Big Data.
B. input.
C. quality control.
D. outcry.
E. feedback.
E. feedback.
Feedback is information about the reaction of the environment to the outputs that affects the inputs. Are the customers buying or not buying the product?
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As a percentage of the value of an item, annual holding costs can be as high as ______.
A. 20% B. 30% C. 40% D. 50%
As the HR director, you were given the task of providing awards to all employees with 10, 20, and 30 years of service to the organization. However, your company has 25,000 employees globally. Explain how an HRIS can assist you in completing this task.
What will be an ideal response?
Dividing the inventory on hand by the average daily usage or sales is the calculation for
A. inventory supply. B. inventory turns. C. days of supply. D. stockout. E. days of stock.
What is the role of federal administrative agencies, particularly the FCC and the FTC, with regard to entertainment?
What will be an ideal response?