Which of the Following Is a Reason Why a Relatively

question 20

Multiple Choice

Which of the following is a reason why a relatively poor country may be an attractive target for inward investment?

• A)rapid economic growth
• B)political instability
• C)currency depreciation
• D)high cost of living
• E)less developed infrastructure

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Definitions:

ROP

Refers to Reorder Point, a inventory management technique indicating the minimum level before a new order must be placed.

Continuous Review Policies

Inventory management strategies that monitor inventory levels continuously to decide when to reorder.

Safety Inventory

Additional stock kept in reserve to protect against variability in demand or supply chain disruptions.

Review Interval

The scheduled time between evaluations or assessments of a particular process, inventory level, or system performance.