Stock-taking

If you make a mistake during stock-checking, what should you do?

• Ignore it and hope no one notice

• Correct it right away and update the record

• Dance a silly dance

• • Call the president

What is a barcode used for during stock-checking?

• As a fancy bookmark

• To quickly identify and track items

  
  

• To play music in the store

• • To decorate the store shelves

What is a "sales record"?

• A music album

• A list of your favorite song

• A record of items sold and their prices

• • A type of record player

What does a "reorder point" indicate in inventory management?

• Where to stand in line at the store

• When it's time to reorder more item

• The spot for new items on the shelf

• • The best spot for a picnic

What is "deadstock"?

• Scary stock item

• Items that are no longer popular and don't sell

  
  

• Stock that never moves

• • A type of book

What is "safety stock"?

• A kind of superhero

• Extra stock kept as a buffer to avoid running out

• A special kind of safety helmet

• • A type of safe for storing money

What is "inventory turnover"?

• A gymnastics move

• How quickly inventory is sold and replaced

  
  

• A type of shopping cart

• • A type of ice cream

How does stock-taking help businesses manage their inventory?

a) By making the shelves look tidy

b) By knowing what items are the prettiest

c) By providing accurate information about item quantities

• d) By making the employees happy

• By making the shelves look tidy

• By knowing what items are the prettiest

• By providing accurate information about item quantities

• • By making the employees happy

What is a common tool used to scan barcodes during stock-taking?

• A metal detector

• A video game controller

  
  

• A barcode scanner

• • A magic wand

How can stock-taking help businesses improve their operations?

• By increasing prices on items

• By making the store smell nice

• By providing data for better decision-making

• • By changing the store's location