Question 3 Answers to the two questions below should not exceed 300 words each. (a) Large...

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Question 3 Answers to the two questions below should not exceed 300 words each. (a) Large inventories are undesirable in business. State two (2) reasons why this is so, and illustrate with examples from your Monsoon SIM game or from your workplace. (10 marks) (b) When would achieving higher sales be more important than achieving profits? Describe two (2) scenarios in which this is true. For each scenario, provide a real-life example. (10 marks) Question 3 Answers to the two questions below should not exceed 300 words each. (a) Large inventories are undesirable in business. State two (2) reasons why this is so, and illustrate with examples from your Monsoon SIM game or from your workplace. (10 marks) (b) When would achieving higher sales be more important than achieving profits? Describe two (2) scenarios in which this is true. For each scenario, provide a real-life example. (10 marks)

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The image shows a question paper with Question 3 which has two parts a and b The instructions state that the answers to the questions should not excee... View the full answer