Question

Transaction analysis can be powerful tool to enhance the effectiveness of​

Answer 1

A gentle word, a kind look, a good-natured smile can work wonders and accomplish miracles.

Answer 2

Transaction analysis can be a powerful tool to enhance the effectiveness of the inventory.

• Inventory or stock of goods refers to the materials and goods that a business holds for the ultimate goal of resale with the expectation of earning profit.
• Management of inventory is a very important aspect of the business to keep a check on the expenses and also the deficit of the current stock.
• The transaction tool can be very useful to keep a check on these factors.
• Since business is becoming more and more complex it is necessary for almost every business organization.
• It helps to bring the data into the organizational database. Proper analysis of this database can help the managers to take various decisions.