Author Question: Why is an inventory report important? What will be an ideal ... (Read 44 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
Why is an inventory report important?
 
  What will be an ideal response?

Question 2

What basic functions do small-business managers perform?
 
  What will be an ideal response?



ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

An inventory report is important because it may be used as a tool to make decisions such
as reducing the price of slow-selling items, reordering other items, and learning which
items are yielding the best profits



Answer to Question 2

Small-business managers generally perform the following functions, regardless of the
business:
 Planning work
 Organizing people and resources for work
 Actuating work
 Controlling and evaluating work




Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library