Obsolete and Obsolescence Stock

Obsolete and Obsolescence Stock

University

13 Qs

quiz-placeholder

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Obsolete and Obsolescence Stock

Obsolete and Obsolescence Stock

Assessment

Quiz

Business

University

Hard

Created by

Sellecca Blackstock

Used 1+ times

FREE Resource

13 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

“From the moment a product comes out of the factory, its journey towards obsolescence has begun. This is known as the ----

2.

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1 min • 1 pt

  • Stock that has no further requirement by the customer of the supplies department.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Refers to stock that is declining in requirement, but it still has some useful life.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

  • When a product can no longer keep up with technological advances in the market. 

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

  • This results in when an item of stock no longer functions the way it did when it was first purchased.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

_____________also called built-in obsolescence

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

When a manufacturer postpones the introduction of technological improvements of its products even though the improvements could be introduced.

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