Question

is the management and control by an entity, of a third party which supplies goods and services to
that entity
(a) Category Management
(6) Vendor management
(c) Sales Management
(d) Store Managament​

Answer 1

Answer:

a option is right category management

Answer 2

Answer:

The correct answer is (a) Category Management.

Explanation:

• Category management is essential for improving the speed with which your retail business accesses items, analyses product connections, and executes the procurement process.
• At its most basic level, category management may be thought of as a technique of grouping similar goods together to avoid having to make separate, dispersed agreements.
• Consolidating separate agreements into a single contract saves time, money, and resources.
• You can wind up with your buyers negotiating one-off deals if you don't have category management. Suppliers may take advantage of your pressing demand for baseball equipment, inflating per-unit costs.

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