Which of the Following Is a Reason Why Small Business

question 29

Multiple Choice

Which of the following is a reason why small business managers tend to overbuy inventory?

• A) They forecast greater demand than is realistic.
• B) Vendors insist that prices may be going down.
• C) They don't want to disappoint vendors and suppliers.
• D) Maximizing inventory is a good way to decrease taxes.

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Definitions:

Gilded Age

A period in the late 19th century characterized by rapid economic growth, widespread political corruption, and extravagant displays of wealth by America's upper class.

Working Conditions

The circumstances affecting workers' environment, including safety, hours, and rights.

Railroad Strike

A work stoppage by railroad workers, often to protest working conditions, pay, or labor policies.

1877

The year marked by significant events in the United States, including the end of the Reconstruction era following the Civil War.