What must be monitored in order to manage risk of consumer product inventory obsolescence? 1. Inventory balances. 2. Market share forecasts. 3. Sales returns. 4. Sales trends.
A) 1 only
B) 4 only
C) 1 and 4 only
D) 1, 2, and 3 only

Question

Quizplus · Accepted Answer

Monitoring inventory balances helps track the amount of stock on hand, while sales trends provide insights into consumer demand patterns. Both are crucial for managing the risk of inventory obsolescence.

What Must Be Monitored in Order to Manage Risk of Consumer