The Responsibility for Taking the Physical Inventory Usually Rests with the Marketing

question 1

True/False

The responsibility for taking the physical inventory usually rests with the marketing manager who should ensure that a good plan exists and is followed.

---

Definitions:

Social Trends

General directions in which society is moving, often reflected in behaviors, attitudes, and cultural phenomena.

Psychological Research

The scientific study of behavior and mental processes, using empirical methods and statistical analysis.

Systematic Observation

A methodical approach to data collection, where there is careful observation of phenomena planned to occur at predetermined times or in predetermined settings.

Empirical

Relies on, deals with, or can be confirmed through direct observation or practical experience rather than abstract theory or pure reasoning.