Public Relations Specialists Use Several Tools

question 120

Essay

Public relations specialists use several tools. Identify three of these tools and describe how they can help a company communicate with the public.

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Definitions:

Restocking Costs

The expenses associated with replenishing inventory or stock.

Obsolescence

The process of becoming outdated or no longer used, often due to technological advancements.

Safety Stock

Additional inventory held by a company to prevent stockouts, typically used as a buffer against variability in demand or supply.

Replacement Order

This refers to the process of ordering new or additional equipment or parts to replace old or used ones in order to maintain operational efficiency.