ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Managers have to be aware of economic situations (recessions, economic growth, demands, etc.) when purchasing inventory.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Economic recessions can be caused by many different elements, including loss of consumer confidence, high interest rates, a stock market crash, and asset bubbles bursting.

Detailed explanation-2: -Intended inventory investment remains negative until the target level of inventories is reached. During this time, the economy, having peaked out, is in a downturn (a recession) both due to the sustained decrease in non-inventory expenditure and due to the negative flow of intended inventory investment.

Detailed explanation-3: -Take stock of your financial priorities. Focus on debt repayment if you’re able. Consider your career opportunities, both now and in the future. Try to bolster your emergency fund ahead of time. Make an effort to stay on top of your financial situation.

There is 1 question to complete.