Under/Over Stocking
Authored by Courtney Vernal
Business
12th Grade
Used 10+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
Unexpected orders are not met or turned down, because the business can’t produce the products on time
Over Stocking
Under Stocking
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
Company may have to place orders with suppliers more often, and this may make them lose bulk buying discounts
Over Stocking
Under Stocking
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
There is a higher risk of stock being stolen
Over Stocking
Under Stocking
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
It costs money to store stock (e.g. warehouse costs, security staff, electricity)
Over Stocking
Under Stocking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
Production might stop if the business runs out of raw materials to make what they need
Over Stocking
Under Stocking
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
If social factors (fashion/trends) change, the business will not be able to sell the stock for what it is worth/ wasted completely
Over Stocking
Under Stocking
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is this a consequence of?
Higher risk that stock goes out of date, rendering it worthless
Over Stocking
Under Stocking
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