Question

According to management education expert Ashok Rao, companies can increase their profitability by ___ through careful inventory management.

A. 5% to 10%

B. 10% to 25%

C. 20% to 50%

D. 75%

Answer 1

C. 20% to 50%

Step-by-step explanation:

GOT IT RIGHT IN QUIZ

Answer 2

Ashok Rao says that you can increase profitability by 20-50% through careful inventory management including four main characteristics:

• Maintaining enough inventory

• Avoiding excess inventory

• Inventory and cash flow

• Tracking inventory