BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
| Question 
 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
 | 
 ____ involves reviewing your sales objectives, then making purchasing decisions. 
|  |  Planning purchases 
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|  |  Managing purchases 
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|  |  Inventory management 
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|  |  Inventory control 
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 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.
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