Which inventory management system results in longer-term retailer-vendor relationships and frequent reordering?

a. computer-based UPC scanning
b. automatic recording
c. quick response inventory planning
d. economic order quantity


c

Business

You might also like to view...

In an after-the-fact examination of a situation, we can confidently rule out all other causal factors

Indicate whether the statement is true or false

Business

According to Table 6.2 in the text, the comparative evaluation of survey methods, interviewers and supervisors involved in data collection refers to the ________ criteria

A) response rate B) control of field force C) social desirability/sensitive information D) perceived anonymity

Business

Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products." Peter Austin is extremely successful and the major reason for his success is the way he handles objections. He believes that effectively handling objections is the key to success in

a sales profession. Today he is calling the CEO of Diamonite to make an important sales presentation. Austin is confident of handling the objections as he has prepared for the call.As soon as Austin responds to an objection from the Diamonite CEO, Austin should: A. ask for a referral. B. conduct an approach. C. discuss a visual aid. D. restart the presentation. E. use a trial close.

Business

Link negligently ran his car into John, causing $50,000 in injuries. Link was intoxicated at the time of the accident. Can Link discharge this debt in bankruptcy?

a. Yes, claims based on negligence are dischargeable. b. Yes, as long as he didn't intend to hit John's car. c. No, such claims are not dischargeable in bankruptcy. d. No, because Link breached a fiduciary duty.

Business