__________ refers to stock of a commodity kept on hand to prevent a shortage in times of unexpected demand.
A)Buffer stock
B)Gray goods
C)White goods
D)Surplus goods
E)Backorder stock

Question

Quizplus · Accepted Answer

Buffer stock is the stock of a commodity kept on hand to prevent a shortage in times of unexpected demand. Gray goods refers to goods that are imported without permission from the trademark holder. White goods refer to large home appliances such as washing machines and refrigerators. Surplus goods refer to excess inventory that a company is trying to sell off. Backorder stock refers to orders that have been received but not yet fulfilled.

__________ Refers to Stock of a Commodity Kept on Hand