Author Question: Which of the following is a goal of inventory management? A) Selection of the most effective mode of ... (Read 68 times)

Hungry! · **on:** Jul 14, 2018

Which of the following is a goal of inventory management?
A) Selection of the most effective mode of transportation
B) Efficient handling and distribution of goods
C) Maintaining low inventory while minimizing stock-outs
D) Ensuring maximum inventory to avoid stock-outs
E) Selection of the fastest mode of transportation

Question 2

You are starting a construction business with a friend. You will each own 50 of the business, but you will get 60 of the profits. Your business partner will get the other 40. You want to ensure that the business offers liability protection against unpaid business debts and legal liabilities. Which form of business best meets your needs?
A) Joint venture
B) Partnership
C) Sole proprietorship
D) LLC
E) Corporation