Services Cannot Be Stored or Inventoried

question 133

Essay

Services cannot be stored or inventoried. Attempts to regulate the "services" on the supply side-to increase the service providers when needed include such strategies as part-time workers. What are some other ways a university or college can "shift" supply for its services?

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Definitions:

Operating Cash Flow

Cash generated by a company's normal business operations, indicating whether a company can maintain and grow its operations.

Fixed Assets

Physical assets with a long lifespan that serve operational purposes in a business and aren't likely to be sold or used up within a year.

Stockholders

Individuals or entities that own shares in a corporation, thus holding partial ownership of the company.

Current Assets

Refers to assets that a company expects to convert into cash within one year or one business cycle, whichever is longer.