ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Managing inventory is not important
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Managing inventory is important for all aspects of a business. Not having enough inventory means you run the risk of losing sales during a stock out. On the other hand, having too much can also be costly in many ways. Without an inventory management system, you risk these costs and other areas of inefficiency.
There is 1 question to complete.