6. Why is it important to maintain an inventory control of goods and services?
A. It is an assurance that the owner will not run out of stock in the production phase of his business.
B. It will help the customers in purchasing production materials.
C. It helps to identify the target market.
D. It helps to identify the monthly income
A. It is an assurance that the owner will not run out of stock in the production phase of his business.
B. It will help the customers in purchasing production materials.
C. It helps to identify the target market.
D. It helps to identify the monthly income
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Answer:
• A It is an assurance that the owner will not run out of stock in the production phase of his business.
True Answer:
An efficient inventory control system tracks how much product you have in stock and forecasts how long your supplies will last based on sales activity. This allows you to place orders far enough ahead of time to prevent stockouts.
Explanation:
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Efficient stock control allows you to have the right amount of stock in the right place at the right time. ... It ensures that capital is not tied up unnecessarily, and protects production if problems arise with the supply chain.
ansr: you to have the right amount of stock in the right place at the right time.
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