For Which of the Following Is a Memo LEAST Likely

question 7

Multiple Choice

For which of the following is a memo LEAST likely to be used?

• A) to make an internal announcement
• B) to inform a client about an important change in procedure
• C) to request information from a colleague within the office
• D) to summarize facts from a team meeting
• E) to introduce a report you are submitting to your supervisor

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Definitions:

Inventory Management

The supervision of non-capitalized assets (inventory) and stock items to ensure an adequate supply without excessive oversupply.

Important

A characteristic denoting something of great significance or value in a specific context or situation.

ABC Analysis

A method of categorizing inventory into three classes, with 'A' items being of high value, 'B' items of moderate value, and 'C' items of lower value, to prioritize inventory management efforts.

Pareto's Law

Also known as the 80/20 rule, it states that for many events, roughly 80% of the effects come from 20% of the causes, applicable in various contexts including economics and business.