Which of the Following Is the Last Step in the Action

question 27

Multiple Choice

Which of the following is the last step in the action research process?

• A) Data analysis
• B) Data interpretation
• C) Action planning
• D) Generalizing the findings

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Definitions:

Product Availability

The extent to which products are in stock and accessible for purchase by customers, directly impacting sales and customer satisfaction.

Inventory

The total amount of goods or materials that a company or business has in stock, waiting to be sold or used.

Costs of Overstocking

Expenses related to holding excess inventory, including storage, insurance, and losses due to obsolescence or deteriorating items.

Costs of Understocking

Expenses incurred due to insufficient inventory levels, leading to lost sales, backorders, and potentially damaged customer relationships.