Question detail
BrightBake serves premium buyers while launching a product; the case evidence includes labour productivity of ?6,517, sales of 472 units, and a 16% change in costs or demand. Which option best applies Evaluate just in time stock management for a given business?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
The role of procurement
Question
- A. Use stock, just in time to judge customer retention, suppliers impact, and the business objective in Managing stock.
- B. Give only a definition of The role of procurement without using the case evidence.
- C. Treat fixed and variable costs as identical and ignore the effect on suppliers.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use stock, just in time to judge customer retention, suppliers impact, and the business objective in Managing stock.
Explanation
This is the best-supported choice because Use stock, just in time to judge customer retention, suppliers impact, and the business objective in Managing stock. The case evidence gives ?8,017, 472 units, and 16%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse fixed and variable costs, miss the suppliers, or ignore the business objective.
Common mistake
Managing stock common mistake 1
Giving a vague answer instead of directly addressing: Evaluate just in time stock management for a given business..
Answer by clearly explaining how to evaluate just in time stock management for a given business..
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