When purchasing inventory in a merchandising business it is always best in using judgement to:Group of answer choicesPurchase more than is requiredPurchase only quality productsUnderstand your customer baseExpense the product when purchasedPurchase the cheapest product

When purchasing inventory in a merchandising business, it is always best to use judgement to:

1. Understand your customer base: Knowing who your customers are and what they want is the first step in deciding what inventory to purchase. This involves researching and understanding your market, as well as keeping up with trends and changes in consumer behavior.

2. Purchase only quality products: While it may be tempting to buy cheaper products to increase profit margins, this can lead to dissatisfied customers and damage your business's reputation in the long run. It's important to ensure that the products you're selling are of good quality and meet your customers' expectations.

3. Purchase more than is required: This should be done with caution. While it's important to have enough stock to meet demand, overstocking can lead to increased storage costs and the risk of products becoming obsolete or going to waste.

4. Expense the product when purchased: This refers to recording the cost of the inventory as an expense when it is purchased. This is a common accounting practice, but it's important to also keep track of inventory levels and sales to ensure accurate financial reporting.

5. Purchase the cheapest product: While cost is certainly a factor to consider, it should not be the only one. As mentioned earlier, quality is also very important, and sometimes cheaper products may end up costing more in the long run due to issues with quality or customer satisfaction.

In conclusion, it's important to balance all these factors and make informed decisions when purchasing inventory for a merchandising business.