Which of the following products is likely to have a low rate of turnover?`
Answer Details
Furniture is likely to have a low rate of turnover compared to the other products mentioned.
Turnover refers to how quickly a product sells and is replaced by new stock. Furniture is a long-term investment and is not something that people buy frequently. It is not a product that is consumed or used up quickly like foodstuff, soap, or ball-pen.
People typically buy furniture when they move into a new home or when they want to replace old furniture that has worn out or is no longer suitable for their needs. As a result, furniture is not a product that is purchased frequently and tends to have a lower rate of turnover compared to other products like foodstuff, ball-pen, or soap and detergent.
Newspaper, on the other hand, is a consumable product that is purchased daily or weekly, which means it has a high rate of turnover.