Customers May Change Firms When Faced with Minimal Inventory Selection

question 22

Multiple Choice

Customers may change firms when faced with minimal inventory selection. Sales lost in this manner illustrate the:

• A) costs of carrying inventory.
• B) lack of customer loyalty.
• C) need to maintain a high current ratio.
• D)impact of shortage costs.

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Definitions:

Hereditary Characteristics

Traits and features that are passed from parents to offspring through genes.

Negatively Charged Particle

An elementary particle with a negative electric charge, such as an electron.

Nucleus

The central and most important part of an atom, containing protons and neutrons, or a membrane-bound organelle found in eukaryotic cells containing genetic material.

Atom

The smallest unit of a chemical element that retains the properties of that element, consisting of a nucleus surrounded by electrons.