A major advantage of the model stock approach is that it ________.
A) tries to maximize total sales
B) insures a balanced assortment of goods
C) strives to maximize total store profits
D) seeks to maximize sales per square foot

Question

Quizplus · Accepted Answer

The major advantage of the model stock approach is that it insures a balanced assortment of goods. This means that the approach aims to keep the right amount of each product in stock to meet customer demand, while also minimizing excess inventory and reducing the risk of stockouts. This helps to increase customer satisfaction and sales, while also optimizing inventory management and reducing costs. The other choices may be important considerations in retail management, but they are not specific advantages of the model stock approach.

A Major Advantage of the Model Stock Approach Is That