In General,it's Better to Have a Low Inventory Turnover Ratio

question 91

True/False

In general,it's better to have a low inventory turnover ratio than a high one,as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock.

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Definitions:

Constraints

Limitations or restrictions that inhibit actions, choices, or movements, often influencing outcomes in various contexts.

Social Solidarity

A concept in sociology that refers to the degree of integration and harmony in a society, where members share common values and adhere to social norms.

Social Ties

Connections between individuals or groups that can provide social support, facilitate communication, and influence social dynamics and structures.

Marriage

A legally or formally recognized union of two people as partners in a personal relationship.