In a Small Business, Inventory Management Is Important Because

question 22

Multiple Choice

In a small business, inventory management is important because:

• A) inventory variety is usually the key to success.
• B) otherwise employees will not be happy.
• C) customers will stop coming in to make purchases if the inventory is not well-managed.
• D) generally there are limited economic resources.

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Definitions:

Job Specifications

Detailed descriptions of the skills, knowledge, and qualifications required for a specific job.

Security Services

Services provided by companies or government agencies to ensure the safety and security of people, properties, and information.

Work Flow Analysis

Examining how work progresses through a company to enhance both effectiveness and output.