• : It's September 1, and internal reports show that the inventory turnover ratio in the Office department of your Walmart store has increased over the past quarter when compared to last year. Your store is located in an area of the community that has seen a lot of residential development in the past year, and a new middle school opened just in time for the new school year. In addition, new inventory management practices were implemented in your store in July.
  1. Speculate on and choose one external factor that may be positively affecting the inventory turnover ratio in the Office department. Identify one action you could take to take advantage of the opportunity represented by this external factor.
  2. Speculate on and choose one internal factor that may be positively affecting the inventory turnover ratio in the Office department. Identify one action you could take to take advantage of the opportunity represented by this internal factor.