Asset Maintenance and Management Quiz

Physical Assets = These are the assets that a retail company owns, such as parts, components, stock, equipment, and retail stores Asset Systems = These are the systems that support the management of assets in a retail organization Production Lines = These are the lines where products are manufactured or assembled DCs = These are the centers where distribution of products takes place

Failure of asset management = Unrest and protests, natural disasters, or wars Business goal realization = Assets play a key role in achieving a retail organization’s business goals

Buildings = Structures used for retail operations Technology = Includes hardware and software used in retail operations Machinery = Used for production or other operations in a retail organization Installations = Includes any equipment or systems installed for retail operations

<p>Retail Stores = Physical locations where retail operations take place Warehouses = Used for storing inventory and other assets DCs = Centers where distribution of products takes place Contract Manufacturing Plant = Facilities where products are manufactured for a retail organization</p> Signup and view all the answers

<p>Parts = Individual components that make up a larger asset Components = Parts that are assembled or combined to create a larger asset Stock = Inventory or goods that are available for sale Equipment = Tools or machinery used for a specific purpose</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>True</p> Signup and view all the answers