Question: iii. PLEASE ANSWER ALL 4 QUESTIONS OR NONE AT ALL PER CHEGG RULES. keep answers as simple as possible. When would an ABC inventory system

iii. PLEASE ANSWER ALL 4 QUESTIONS OR NONE AT ALL PER CHEGG RULES. keep answers as simple as possible.

When would an ABC inventory system be appropriate? 
Explain how the Pareto rule is important to a small business owner. Discuss the ways a small business owner create competitive advantage with a channel of distribution? 
Why should the small business owner consider the demographics of an area when choosing a location for opening a new business? Name some sources of demographic information that are valuable tools to use in this evaluation.

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