Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Effective Inventory Control System aims at

A. Providing stock as and when the need arises

B. Procuring stock at minimum possible price

C. Minimizing cost

D. Minimizing investment in inventory

E. Minimizing Control

Choose the correct answer from the options given below:

Options:

A and D only

B and D only

A and B only

D and E only

Correct Answer:

A and B only

Explanation:

The correct answer is option (3) - A and B only