1. Select a small business that you are familiar with.
a. Identify the current stage of the business. b. Discuss the challenges that the owner(s) need to be aware of in this stage. c. Determine if the business appears posed for continued success or decline.
2. Policies that may be based on ABC analysis include which of the following?
A. Forecasting
B. Purchasing
C. Inventory control policies
D. All of the above
E. None of the above