Aaron's Electronics Sells Very Expensive Computer Chips

question 24

Essay

Aaron's Electronics sells very expensive computer chips. These chips are small, but sell for $5,000 each. Aaron is worried that his employees may be tempted to steal the chips, since they can easily be concealed in their pocket. At any one time, the maximum number of computer chips in inventory is 100. Explain how a point-of-sale terminal can help Aaron with his concern.

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Definitions:

Quick Response

The ability or action of rapidly reacting or replying to a situation or query, often considered crucial in emergency, service, or customer satisfaction contexts.

Crisis Management Program

A structured approach prepared by organizations to identify, assess, and address potential crises, minimizing impact and guiding recovery.

Anticipate

Anticipate means to foresee or predict the likely occurrence of something and prepare for it in advance, often used in strategic planning and decision-making processes.

Plan

A detailed proposal for doing or achieving something.