Customers May Change Firms When Faced with Minimal Inventory Selection

question 136

Multiple Choice

Customers may change firms when faced with minimal inventory selection.Sales lost in this manner illustrate the:

• A)Costs of carrying inventory
• B)Lack of customer loyalty
• C)Need to maintain a high current ratio
• D)Impact of shortage costs

---

Definitions:

Job Applicant

An individual who applies for a position within an organization and undergoes the selection process.

Implicit Association Test (IAT)

A psychological test designed to detect the strength of a person's automatic association between mental representations of objects (concepts) in memory.

Racial Prejudices

Preconceived opinions or judgments about individuals or groups based on their race, often without full knowledge or facts.

Stereotypes

Generalized beliefs or assumptions about the characteristics, attributes, and behaviors of members of a certain group, often oversimplified and not based on personal experience.