Grocery stores normally have: a. short operating cycles b. two freezer rooms, one for dairy, one...
Grocery stores normally have:
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a. short operating cycles |
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b. two freezer rooms, one for dairy, one for meats |
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c. three managers |
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d. high theft |
Homework Answers
Answer is Option a) Short operating cycles
Operating cycle is the period involved in purchase and sale of goods and then receive cash from customers. Shorter operating cycle means the firm is able to purchase and sell and get cash quickly. Grocery stores are able to get cash sooner because they sell mostly on cash and hence their operating cycle is short.
Hence answer is Option a)
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