Question

In retailing, the stock keeping unit is the code for each unique product that is in inventory.

a) True
b) False

Answer 1

In retailing, the stock keeping unit is a unique code assigned to each product in inventory.

Step-by-step explanation:

True

In retailing, the stock keeping unit (SKU) is a unique code assigned to each product in inventory. It serves as a way to identify and track individual items within a store or warehouse.

SKUs are typically used to manage inventory levels, track sales, and facilitate reordering.

For example, let's say a retail store sells different sizes and colors of a t-shirt.

ch combination of size and color would have its own SKU, allowing the store to keep track of how many of each specific t-shirt variant they have in stock.