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:

Adulthood Stage

A period in human development that generally includes young adulthood, middle age, and older adulthood, characterized by mature reasoning, independence, and responsibility.

Adolescence

A developmental stage that marks the transition from childhood to adulthood, characterized by significant physical, psychological, and social changes.

Fidelity

Refers to the degree of accuracy or faithfulness in reproducing a sound or image in technology, or loyalty and faithfulness in personal relationships.

Young Adulthood

A life stage occurring after adolescence, typically between ages 20 to 40, focusing on personal and professional development.