Carolyn Is a Community Activist Who Works with At-Risk Teens

question 9

Multiple Choice

Carolyn is a community activist who works with at-risk teens.She finds out that her group is available for a large grant,but only if she can document certain needs.She wants to survey school personnel as well as personnel at drop-in centers to gather the needed information.Given her need to rapidly gather information,Carolyn's best choice for methodology is a(n) ____.

• A)personal interview
• B)drop-off survey
• C)group questionnaire
• D)phone interview

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Definitions:

Obsolescence Cost

Obsolescence cost refers to the loss of value of an asset due to technological advancements, changes in market demand, or regulatory changes.

Economic Order Quantity

A formula used to determine the most cost-effective quantity to order to minimize the costs of holding and ordering inventory.

Inventory Costs

Expenses associated with managing and holding inventory, including storage, insurance, taxes, and potential obsolescence.

Total Inventory

The total amount of goods and materials held in stock by a business at a given time, including raw materials, work-in-progress, and finished goods.