A Low Number of Days in Inventory May Indicate All

question 56

Multiple Choice

A low number of days in inventory may indicate all of the following except

• A)Sales opportunities may be lost because of inventory shortages.
• B)There is less chance of having obsolete inventory items.
• C)The company has fewer funds tied up in inventory.
• D)Management has achieved the best balance between too much and too little inventory levels.

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Definitions:

Dysfunction

A deviation from the norms in societal operations, often leading to negative consequences for the social system.

Social Change

Refers to the transformation over time of societal norms, values, and patterns of behavior.

Social Structures

Social structures are the complex framework of societal institutions (such as the economy, politics, and religion) and the social practices (rules, roles, and relationships) that make up a society.

Structural Functionalism

Describes a perspective in sociology where society is viewed as a complex structure, with its various segments working in unison to uphold solidarity and ensure overall stability.