Question

What does SKU stand for?

• A. Stock Keeping Unit
• B. Store Keeping Utility
• C. System Keeping Update
• D. Sales Keeping Utility

Hint:

SKU helps businesses track inventory efficiently and uniquely identify each product.

Answer 1

The Correct Option is A

Topic: Retail and Inventory Identifiers
Step 1: Understanding the Question:
Expand the common industry acronym "SKU."
Step 2: Detailed Explanation:
An SKU is a unique alphanumeric code assigned to an item to track it in inventory.
It stands for Stock Keeping Unit.
Every variation of a product (e.g., a blue shirt in size Large vs. a blue shirt in size Medium) has its own unique SKU to ensure precise tracking.
Step 3: Final Answer:
SKU stands for Stock Keeping Unit.