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15 Analyse the reasons of holding inventory by a retail business. [6]
Posted: Sat Dec 02, 2023 8:18 am
by Sir Afzal Shad
Q15 Analyse the reasons of holding inventory by a retail business. [6]
Possible Structure:
[KN]
[AN]
[AN+]
[KN]
[AN]
[AN+]
Re: 15 Analyse the reasons of holding inventory by a retail business. [6]
Posted: Wed Dec 27, 2023 7:22 pm
by Syed Mustafa Ali
[KN] Meeting Customer Demand
[AN] Keeping products in stock helps us serve customers quickly and makes them happy.
[AN+] It prevents running out of products, allows us to sell more, and makes customers trust us.
[KN] Seasonal and Promotional Demands
[AN] We keep extra products for special times, like holidays or big sales, so we have enough for customers.
[AN+] This helps us sell more during busy times and makes sure we don't miss any chances to make customers happy and earn more money.