The center of gravity technique does not take into consideration the:
A) total volume of product any given site receives.
B) location of any given site.
C) number of locations that must be served.
D) balance of supply and demand.
B
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Market research should focus on finding out how a potential customer can be changed into an actual customer
Indicate whether the statement is true or false
Updating business strategies is a continuous undertaking as internal and external environments ________.
A. Become more consistent B. Remain stagnant C. Rapidly change D. Become less competitive
All of the following are reasons why more attention is being directed toward reverse supply chain systems except
A. consolidating shipments to stores, DCs, and FC to reduce harmful emissions. B. the government restrictions on how many times a customer can return products to a retailer. C. the increased rate of returns overall due to the increase of retail sales on the Internet. D. the environmental sustainability of excess packaging and shipping materials when returned. E. the environmental impact of shipping direct to customers.
Machine to machine (M2M) extracts information from data and uses it to predict future trends and identify behavioral patterns.
Answer the following statement true (T) or false (F)