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defon
1 year ago
5

Saks Fifth Avenue employs a quick response system to order fast-moving fashion items. Saks' point-of-sales scanner records each

sale. When stock falls below a minimum level, the system automatically sends an electronic order to the vendor (e.g., Donna Karan), which processes the order within 48 hours. This system has effectively reduced _____. Group of answer choices product flow supply lag logistical lag customer response cycle lead time
Business
1 answer:
nika2105 [10]1 year ago
4 0

This system has effectively reduced the <u>customer response cycle.</u>

<u></u>

<h3><u>Customer Response Time: What Is It?</u></h3>

Customer response time refers to the interval between placing an order and receiving products or services. It may also refer to a lag in client communications or responses from a company. To put it another way, it is the period of time between a customer's request for information on a product or commitment to buy a good or service and the time the customer actually receives it.

<h3><u>How can response times for customer service be shortened?</u></h3>
  • Put customer service software into use.
  • Use autoresponders for email.
  • Use time-based email notifications.
  • Utilize text shortcuts and templates.
  • Sort and order the emails you get into categories.

Learn more about the customer response system with the help of the given link:

brainly.com/question/14593567?referrer=searchResults

#SPJ4

<u></u>

<u></u>

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If it is greater than or equal to the price.
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2 years ago
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Okay well I got you.
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7 0
3 years ago
The relationship between the natural environment and business organizations can best be described as:_________
Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.  

Similarly, the natural environment utilizes the products and services of business organizations for continued development.  Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

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6 0
1 year ago
Mrs. Smith operates a business in a competitive market. The current market price is $7.50. At her profit-maximizing level of pro
adelina 88 [10]

Answer:

Option (D) is correct.

Explanation:

Given that,

Current market price = $7.50

Average variable cost = $8.00

Average total cost = $8.25

It can be seen from the above information that current market price is less than the average variable cost, i.e, $7.50 < $8.00.

Mrs. Smith should shut down its production in the short run as well as in the long run until the point where current market price is greater than or equal to average variable cost.

4 0
3 years ago
A fire broke out in a well-reputed hospital in a city. Despite the fire fighters arriving within ten minutes of the occurrence,
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Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
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3 years ago
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