Which of the Following Is a Management Tenet of Warren

question 50

Multiple Choice

Which of the following is a management tenet of Warren Buffett?

• A) Long term prospects.
• B) Resistance to institutional imperative.
• C) Creation of one dollar of market value for every dollar retained.
• D) Purchase at discount to intrinsic value.
• E) Product is not faddish

---

Definitions:

Stock-Outs

Instances when items are no longer available in inventory, leading to inability to fulfill demand.

Carrying Cost

Expenses associated with holding inventory, including storage, insurance, taxes, and the cost of capital tied up in inventory.

Optimal Order

The most efficient and cost-effective quantity of an item to order, considering factors such as demand, storage costs, and order costs.

Time-Based Strategies

Business approaches that prioritize speed and timing in operations, production, and delivery to gain competitive advantage.