ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Vendors:The businesses that sell you inventory
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -A vendor is a person or company that sells goods or services for a profit. They can operate in a business-to-consumer (B2C) or business-to-business (B2B) environment. In B2B, vendors are often known as suppliers.

Detailed explanation-2: -A vendor, also known as a supplier, is an individual or company that sells goods or services to someone else in the economic production chain.

Detailed explanation-3: -A vendor is an individual or company that supplies goods and services to businesses or consumers. Vendors buy products or services from distributors and resell them to others, usually individual consumers. Their main goals are to monitor customers’ interests and to have enough goods in stock to meet demand.

There is 1 question to complete.