If a store doesn't stock enough inventory of a product, what problem may the store face?

Question

A.
Paying too much in storage and insurance
B.
Running out of space
C.
Losing customers to competitors
D.
Having the product spoil or go bad

Answer 1

The primary problem a store may face if it doesn't stock enough inventory of a product is:

C. Losing customers to competitors

When a store runs out of stock, customers may turn to competitors who have the product available, leading to a loss of sales and potential long-term customers.

Answer 2

Which type of unethical activity is sometimes caused by channel management?
A.
Price fixing
B.
Unfair discrimination
C.
Network marketing
D.
Cold calling

Answer 3

The type of unethical activity that is sometimes caused by channel management is:

A. Price fixing

Price fixing occurs when companies agree on the prices of their products, which can be an unethical practice related to how they manage their distribution channels.

Answer 4

Which of the following is an example of inventory at a company?
A.
A scooter that has been purchased at a store by a customer
B.
An employee who provides technical expertise
C.
Fancy dishes and silverware used at a restaurant
D.
A list of products that a hardware store wants to order

Answer 5

The correct example of inventory at a company is:

C. Fancy dishes and silverware used at a restaurant

Inventory refers to the goods and materials that a business holds for the purpose of resale or production. In this case, the dishes and silverware are tangible assets that the restaurant uses.

Answer 6

Which of the following employees is most at risk of repetitive strain injury?
A.
A shipping employee who performs the same lifting motion over and over
B.
An administrative employee who keeps frequently used objects nearby
C.
A sales person who stands up and changes positions frequently
D.
An accounting employee whose feet rest on the floor

Answer 7

The employee most at risk of repetitive strain injury is:

A. A shipping employee who performs the same lifting motion over and over

Repetitive strain injuries often occur when a person engages in the same motions repetitively, which can lead to strain on muscles and tendons over time. The shipping employee's repetitive lifting poses a significant risk for such injuries.