Question

Zara has developed the practice of delivering less merchandise to its stores on a more frequent basis. This quick response system is called a(n) Multiple Choice a) indirect marketing channel. b) just-in-time inventory system. c) conventional marketing channel. d) vertical marketing system.

Answer 1

(B) Just-in-time inventory system

Step-by-step explanation:

*Just-in-time inventory system" is a system used to cut costs such as holding or storage costs and it improves efficiency and reduces wastage as some products may be damaged during storage.

This system involves quick delivery of the required quantity of goods to stores right when they are needed and just before they go out of stock. It helps to eliminate the cost of storage that would result if goods are purchased in large quantities.