What Is the Primary Function of a Stock Keeping Unit

question 39

Multiple Choice

What is the primary function of a stock keeping unit (SKU) ?

• A) An SKU represents a unique inventory item in a store.
• B) An SKU tracks results from a clearance sale,such as,"buy one,get one free."
• C) An SKU is a small tag attached to a product that tracks its movement through a store.
• D) An SKU represents a bundle being offered.
• E) An SKU is a special,seasonal discount offer.

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Definitions:

Barrels

A unit of measure for oil and other petroleum products, equal to 42 US gallons.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Production Possibility Frontiers

A curve depicting all maximum output possibilities for two or more goods, given a set of inputs.

Wheat

A cereal grain that is a worldwide staple food, grown in countless varieties.