Business Studies, asked by sumityadav5875, 10 months ago

What do you understand by obsolete, surplus and scrap ? How will you manage these ?

Answers

Answered by Anonymous

0

Obsolete means things which is not anymore in trend

Surplus mean excess than needed

Scrap means discarded or leftover products

We can manage all by following :

By being updated

By using Surplus in making profit

By selling scrap

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