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The following information is available from recent financial statements of Competitor A and Competitor B: Instructions
a. Calculate the inventory turnover and days in inventory for both companies.
b. What conclusions concerning the management of inventory can be drawn from these data?
Entrepreneurial Firms
Companies that pursue opportunities, innovation, and value creation regardless of the resources currently in their possession.
Ambidextrous
The ability of an organization to simultaneously explore new opportunities while exploiting existing ones to achieve superior performance.
Exploration
The act of searching or traveling around a new area in order to discover what it contains.
Innovation
The act of introducing new ideas, devices, or methods to improve processes or products.
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