The Drawback of a Just-In-Time Inventory System Is That It

question 43

True/False

The drawback of a just-in-time inventory system is that it leaves a firm with excess unsold inventory that it has to write off against earnings or price low to sell.

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Definitions:

Pessimistic Explanatory Style

A tendency to explain negative events as being inevitable and due to internal, stable, and global factors.

Learned Helplessness

A state where someone feels incapable of controlling their life, often due to a traumatic experience or repeated failures.

Attributional Explanation

The analysis and reasoning behind attributing specific causes or factors to behaviors and outcomes, explaining why something happened.

Negative Attributions

The tendency to explain one's own or others' behaviors with negative causes, often leading to blame and a pessimistic outlook.