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Author Question: Why is an inventory report important? What will be an ideal ... (Read 15 times)

nmorano1

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on: Jul 21, 2018
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

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  • Posts: 362
Reply #1 on: Jul 21, 2018
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



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