BUISENESS MANAGEMENT
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -The best way to keep track of inventory is with an easy-to-use, robust inventory management software system. With inventory management software, you can get real-time alerts, add meaningful pictures to your inventory list, and utilize barcodes and QR codes to automate otherwise tedious, error-prone processes.
Detailed explanation-2: -It is crucial for an organization today to understand its inventory to achieve both efficient and fast operations, that too, at an affordable cost. An effective management of inventory helps in reducing costs which further keeps accounts and finances in check.
Detailed explanation-3: -What Is a Point-of-Sale System? POS systems may be used in a variety of ways. They are most useful for small businesses that sell products. POS systems that track inventory are especially useful in businesses that sell products or those use products they want to track in their production process.