The Amount of Raw Materials and Component Parts That an Organization

question 102

True/False

The amount of raw materials and component parts that an organization has on hand is known as inventory.

---

Definitions:

Cross-channel Consumer

A consumer who uses multiple channels or platforms (e.g., online, in-store, mobile apps) to interact with and purchase from brands.

Shops Online

Retail outlets or platforms that operate on the internet, allowing consumers to buy goods or services electronically.

Online Consumers

Individuals who purchase goods or services over the internet, utilizing digital platforms for shopping rather than traditional brick-and-mortar stores.

Visit Websites

The act of accessing and viewing content on web pages through a browser, usually for information or transaction purposes.