Because Managing Inventory Is Just Like Managing Any Other Investment

question 41

Multiple Choice

Because managing inventory is just like managing any other investment, decisions about the level of inventory should be guided by

• A) a cost-benefit analysis.
• B) the value of the inventory.
• C) the effect of inventory levels on customer relations.
• D) the effect of inventory levels on sales.

---

Definitions:

Employment Relationship

The legal link between employers and employees, defining their rights and obligations in the workplace.

Arbitrarily Discipline

To issue punitive actions in a manner that is random, unfair, or not based on specific rules or standards.

Supervisors

Individuals with managerial authority responsible for overseeing the work of others and ensuring tasks are completed.

Labor Relations System

The complex of policies, practices, and institutions involved in the management of the workforce, including the negotiation, interpretation, and enforcement of collective bargaining agreements.