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What is the purpose of buffer stock?
A
It lets a business reduce storage and insurance costs if demand rises or a delivery is late.
B
It lets a business avoid ordering stock altogether if demand rises or a delivery is late.
C
It lets a business continue selling or producing if demand rises or a delivery is late.
D
It lets a business guarantee that demand will never change if demand rises or a delivery is late.
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3.2.1b Costs and benefits of stock management Flashcards
20 flashcards on AQA GCSE Business 3.2.1b Costs and benefits of stock management: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.