What Is Generally TRUE About Class a SKUs in ABC

question 130

Multiple Choice

What is generally TRUE about class A SKUs in ABC analysis? They represent about:

• A)20 percent of all SKUs.
• B)30 percent of all SKUs.
• C)20 percent of the dollar usage.
• D)50 percent of the dollar usage.

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Definitions:

Product Life Cycle

The progression of a product through different stages from introduction to growth, maturity, and decline, each affecting the marketing strategy and business decisions.

GPS SmartSole

A wearable technology insole that is GPS-enabled, allowing for the tracking of the wearer's location, primarily used for safety purposes.

Marketing Objective

A specific, measurable goal that a company aims to achieve through its marketing efforts.

Stimulate Trial

Marketing techniques intended to encourage first-time purchases or use of a product or service by potential customers.