Question

After Lynda's initial client assessment, she has noted that her client will require inventory management to avoid out-of-stock situations for their merchandise

Answer 1

Answer:

Akshaya parasad.......

Answer 2

The complete question is -

After Lynda's initial client assessment, she has noted that her client  will require inventory management to avoid out-of-stock situations for their merchandise.  What business industry type does this best describe?

The business industry type is Retail industry.

• Retail industry represents economy's viable division  made up of individuals and contributing firms interested in selling finished items to the end-user customers.

• inventory management is the effective method of ensuring that, with neither meagre or excess, a firm is able to transfer items without going stock out that consumers typically want.
• The consumer demand is amply satisfied by balancing inventory, without running out of stock or holding excess supply. In this manner, Linda can also handle stock out situation by employing inventory management mechanism.