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Why should an entrepreneur keep sales records?

Answer and explanation

Correct answer: To understand sales progress and demand

Sales records show what was sold, in what quantity, when, and sometimes to which customer group. By studying them, an entrepreneur can identify popular products, changing demand, revenue trends, and stock needs. These facts support better purchasing and marketing decisions. Records are therefore much more useful than merely listing names, making option B correct.

Related tags

Sales-RecordDemandBusiness-DecisionsIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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