Of the Following Firms the One That Would Be Expected

question 35

Multiple Choice

Of the following firms the one that would be expected to have the fastest inventory turnover is:

• A)Used car lot
• B)Jewellery store
• C)Clothing store
• D)Bakery

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Definitions:

Developing Routines

The process of establishing a series of actions regularly followed, aimed at improving efficiency or performance.

Mindfulness Meditation

A mental practice that involves focusing one's mind on the present moment, acknowledging and accepting feelings, thoughts, and bodily sensations, used as a therapeutic technique.

Low Conscientiousness

A personality trait associated with a tendency towards disorganization, carelessness, and a lack of responsibility.

Impulsivity

The tendency to take risks, not plan, and be high in sensation-seeking, roughly equivalent to low conscientiousness.