Which of the following statements about retailers holding inventory is False?
A) This activity benefits customers with limited storage space, such as families living in small apartments.
B) It allows customers to get the lowest price possible.
C) Holding inventory in a store helps serve customers' needs.
D) Retailers keep inventory so products are available when consumers want them.
E) Holding inventory reduces consumers' cost of storing products.

Question

Quizplus · Accepted Answer

A major value-providing activity performed by retailers is holding inventory so that products will be available when consumers want them; however, because of the additional stage in the overall supply chain, this adds to the price.

Which of the Following Statements About Retailers Holding Inventory Is