Store Management WASSCE (SC), 2017

Question 1

  • What is a stock card?
  • State four advantages of road transport.
  • Explain three importance of policy to an organization.
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    Observation

    1. Candidates performed averagely in this question but they could not clearly define stock card in relation to stock management.

    A stock card is a document that records receipts, issues and balances of items held in a store. It is kept in the store with physical stock. It is also known as bin card or bin tag.

    1. This question was generally well answered, with most candidates able to clearly state the advantages of road transport.

     

    1. Candidates performed averagely in this question. They could not clearly explain how important policy is to an organization.

    -     It is a tool for quality improvement in an organization.
    -     It helps management to guide operations without its constant intervention.
    -     It helps organization to maintain a degree of accountability to the stakeholders.
    -     It helps in building a learning culture by determining which policies employees should read.