(b) Outline the objectives of stock control in any organization. (c) Describe the different types of location systems that can be found within the store. (6 marks) (4 marks)

(b) The objectives of stock control in any organization include ensuring adequate stock levels to meet customer demand, minimizing stockholding costs, maintaining a balanced inventory, preventing stockouts and overstocking, and improving cash flow management. (4 marks)<br /><br />(c) The different types of location systems that can be found within a store include the random location system, where items are placed anywhere; the class location system, where similar items are grouped together; and the fixed location system, where each item has a specific designated spot. (6 marks)