MANAGEMENT

BUISENESS MANAGEMENT

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ involves reviewing your sales objectives, then making purchasing decisions.
A
Planning purchases
B
Managing purchases
C
Inventory management
D
Inventory control
Explanation: 

Detailed explanation-1: -The three types of decision-making are nominal, limited, and extended. These types of decision-making have different levels of purchase involvement. Nominal decision-making involves little purchase involvement, while limited decision-making required mid-ranged purchase involvement.

Detailed explanation-2: -The various models of consumers (economic view, passive view, cognitive view, and emotional view) depict consumers and their decision-making processes in distinctly different ways.

There is 1 question to complete.