Which of the Following Is True of Inventory Level

question 52

Multiple Choice

Which of the following is true of inventory level?

• A) A purchasing manager would purchase higher inventories when prices are low and lower inventories when prices are high irrespective of inventory requirement.
• B) A marketing manager would like to have smaller inventories of finished products to ensure production of goods as per customer specification.
• C) A financial manager would keep inventory levels low to ensure that the firm's money is not unwisely invested in excess resources.
• D) A manufacturing manager would keep raw materials inventories low to ensure use of latest materials in production process.

---

Definitions:

Reformulated Learned Helplessness

An updated theory on learned helplessness that incorporates the role of attributions in determining how individuals perceive and respond to events of a lack of control.

Personal Helplessness

Personal helplessness describes a state in which an individual feels they have no control over the outcomes in their life, often resulting from repeated failures or a belief in the inevitability of negative events.

Lower Self-esteem

Refers to a lower assessment or evaluation of one's own worth or abilities, often associated with various mental health challenges.

Fear of Failure

An apprehension or anxiety about failing to achieve a goal or succeed in a task, which can inhibit risk-taking and limit opportunities.