Ramiro Decides to Keep Relatively High Levels of Inventory Even

question 54

Multiple Choice

Ramiro decides to keep relatively high levels of inventory even though it costs him more. Most likely Ramiro thinks the cost of _______________ are greater than the benefits of increasing his turnover rate.

• A)collateral
• B)portfolios
• C)stockouts
• D)revenue enhancements
• E)handouts

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Definitions:

Localized

Restricted or confined to a specific location or area.

Generates Opposition

The process by which actions, ideas, or policies provoke resistance, disagreement, or conflict from individuals or groups.

Capitalist Countries

Nations where trade, industry, and the means of production are largely or entirely controlled by private owners with the goal of generating profits.

Core

The central or most important part of something, especially the foundational or essential parts that define its nature.