Which Activity Is Most Apt to Reduce the Inventory Period

question 71

Multiple Choice

Which activity is most apt to reduce the inventory period for a grocery store?

• A)Replacing slow-moving items with faster-selling products
• B)Replacing fresh foods with canned goods
• C)Decreasing the amount of discounts offered to customers
• D)Increasing the amount of inventory on hand
• E)Decreasing the number of times the inventory turns over per year

Identify and understand management and financial challenges leading to business failure.

Recognize the role and impact of small businesses in the economy.

Analyze scenarios to identify key factors in business success or failure.

Understand the concept of economies of scale and its benefits.

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Definitions:

Nuisance

An act, condition, or thing that interferes with the use or enjoyment of property or the general well-being of its inhabitants.

Invasion of Privacy

The violation of a person's right to be left alone, without their public or private information being disclosed without consent.

False Light

A legal claim involving publishing information that is misleading in a way that wrongly portrays someone, often considered a form of privacy invasion.

Libel

A false written or published statement that damages a person's reputation.