Which of the Following Statements Regarding Control of Service Inventories

question 104

Multiple Choice

Which of the following statements regarding control of service inventories is TRUE?

• A) Service inventory is a fictional concept, because services are intangible.
• B) Service inventory needs no safety stock, because there's no such thing as a service stockout.
• C) Effective control of all goods leaving the facility is one applicable technique.
• D) Service inventory has carrying costs but no setup costs.
• E) Good personnel selection, training, and discipline are easy.

Comprehend the relationship between organizational practices and societal impact.

Recognize the importance of intangible assets and their influence on firm profitability and innovation.

Understand the implications of HRM activities on market value and shareholder interests.

Acknowledge the role of corporate social responsibility and its effects on human resources management.

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Definitions:

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively, often emphasizing human dignity and concerns.

Gestalt

A psychological theory that proposes objects are viewed holistically rather than as a collection of individual parts, emphasizing the mind's innate tendency to organize perceptions.

Phenomenon

an observable event or fact, particularly extraordinary or remarkable, that can be scientifically described or explained.

Phi Phenomenon

The optical illusion of perceiving continuous motion between separate objects viewed in rapid succession.