Which of the Following Companies Would Be Most Likely to Use

question 156

Multiple Choice

Which of the following companies would be most likely to use a perpetual inventory system?

• A)Grain company
• B)Beauty salon
• C)Clothing store
• D)Fur dealer

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Definitions:

Social Responsibility Concept

The belief that businesses should contribute to the welfare of society and not be solely focused on maximizing profits.

Profit Motive

The fundamental purpose of businesses to earn profits, driving their operational and strategic decisions.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010, aimed at expanding health insurance coverage and reducing the costs of health care in the United States.

Societal Marketing Concept

A marketing approach that considers the welfare of society and the environment in addition to consumer wants and company needs.