It's Not Only the Government That Regulates What Toys Your

question 12

Multiple Choice

It's not only the government that regulates what toys your store can sell to children. Non-governmental regulatory forces include:

• A) Public consumer interest groups focused on protecting kids
• B) Private consumer interest groups focused on protecting kids
• C) Self-regulatory organizations
• D) Better Business Bureau
• E) Consumer Product Safety Commission

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Definitions:

Cycle Inventory

Inventory that is held to manage the normal fluctuation of production or supply and demand, rotating through cycles of replenishment.

Safety Inventory

Extra stock kept in storage to guard against uncertainty in demand or supply, ensuring product availability.

Seasonal Inventory

Inventory that is purchased or produced in anticipation of season-based demand increases, such as holiday merchandise.

Strategic Fit

The alignment between an organization's strategies, resources, and capabilities with its external environment to achieve long-term objectives.