ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Large retail chains can coordinate their buying and selling activities by:
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reducing turnover in sales associates
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eliminating the information systems
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assigning employees to coordinating roles
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decentralizing the buying decisions
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increasing loss prevention efforts
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Explanation:
Detailed explanation-1: -Centralized inventory is when you keep stock in a single location. Businesses essentially merge all their products into one place to make inventory management simpler. In retail, it’s when you keep your stock at a single hub and restock your store and fulfill any online or phone orders from that central hub.
Detailed explanation-2: -Product retail: retail businesses that sell physical goods/products. Service retail: retail businesses that offer services. Non-store retail: selling goods to consumers using certain media such as vending machines. 25-Jul-2022
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