Leading "big-box" stores, such as Walmart and Target, now dominate the retail scene. However, even "small-box" stores like Dollar General, are thriving in the current economic environment. All three retailers are considered ________

A large firm

in the automotive aftermarket business wants to improve its current situation, which is characterized by excess inventory, incomplete information, high logistics costs, slow reactions to environmental change, and loss of profits at the retail level. Will supply chain management be of any help to the business? a. Yes, supply chain management is designed to coordinate and integrate all the activities from raw materials to product consumption. b. No, supply chain management is only applicable to distribution strategies for products being sold in the business market. c. Yes, supply chain management, unlike other management philosophies, is not customer-driven. d. No, supply chain management requires an extensive investment in time and resources to make it worthwhile.

Management at a home improvement store randomly selected 45 customers and observed their

shopping habits. They recorded the number of items each of the customers purchased as well as the total time the customers spent in the store. Identify the types of variables recorded by the managers of the home improvement store. A) number of items - continuous; total time - discrete B) number of items - discrete; total time - discrete C) number of items - discrete; total time - continuous D) number of items - continuous; total time - continuous