Question
Entrepreneurship Question on Inventory
Effective Inventory Control System aims at
A. Providing stock as and when the need arises
B. Procuring stock at minimum possible price
C. Minimizing cost
D. Minimizing investment in inventory
E. Minimizing Control
Choose the correct answer from the options given below:
A
A and D only
B
B and D only
C
A and B only
D
D and E only
Answer
A and B only
Explanation
Solution
The correct option is (C) : A and B only