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O-LevelCommerceRetail trade7100/12 · May/June 2024 · Q371 Mark

Which action will help to improve the rate of inventory turnover for a retailer?

Aincreasing selling prices
Bpurchasing goods in demand
Creducing advertising budget
Dreducing storage capacity

✓ Correct answer

B: purchasing goods in demand

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About this question

Topic
Retail trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2024 Paper 1 Variant 2, question 37.

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