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merchandise plans are usually made how often? every month every three months every six months every year

Question

Merchandise plans are usually made how often? Every month Every three months Every six months Every year

Answer

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Verificación de expertos
Lora Master · Tutor for 5 years

Answer

Every three months

Explanation

This question is testing your knowledge on the frequency at which merchandise plans are typically made. Merchandising plans are crucial in retail operations as they map out a company's strategy for acquiring and selling goods during a certain time period. Although the frequency can sometimes differ depending on the specific objectives or nature of the business, it is often done on a quarterly basis, which means every three months. Planning strategies may require strategic evaluation and modification at the end of every quarter of the year (there are four quarters in a year). Thus, the correct answer is "Every three months".