In a retail environment,the concept of JIT II is more commonly known as ________.
A)Electronic Inventory Process
B)Efficient Consumer Response (ECR)
C)Electronic Consumer Behavior
D)None of the above

Question

Quizplus · Accepted Answer

JIT II in a retail environment is typically referred to as Efficient Consumer Response (ECR). This approach involves collaboration between suppliers and retailers to streamline inventory and delivery processes, leading to improved efficiency and cost savings for both parties. Electronic Inventory Process and Electronic Consumer Behavior are not commonly used terms to describe JIT II in a retail environment.

In a Retail Environment,the Concept of JIT II Is More