Asked by
Wendy Dacillo
on Oct 18, 2024
Verified
Product availability reflects a firm's ability to fill a customer order out of available inventory.
Product Availability
The state of a product being in stock and accessible for purchase by consumers.
Customer Order
A request made by a customer to purchase goods or services from a business.
Available Inventory
The quantity of goods or materials that a company has in stock and is ready for sale or distribution at any given time.
- Recognize the importance of product availability and its impact on customer satisfaction and company profitability.
Verified Answer
HA
Learning Objectives
- Recognize the importance of product availability and its impact on customer satisfaction and company profitability.