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In 1979 International Business Machines Corp.(IBM)was one of the world's largest companies,and it dominated the market for huge mainframe computers.Back then,IBM's inventory turnover ratio was about 3.3.Through the years,IBM switched from mainframe to personal computers,and today the company earns most of its revenues from a variety of services rather than from selling hardware.By 2017,IBM's inventory turnover ratio had risen to 23.9.What do you think might account for the tremendous increase in IBM's inventory turnover between 1979 and 2017?
Autonomy versus Shame and Doubt
A stage in Erik Erikson’s theory of psychosocial development where toddlers learn to exercise will and do things for themselves or they doubt their abilities.
Animism
The conviction that every object, location, and being holds a unique spiritual presence.
Postconventional Moral Reasoning
A stage of moral development where individuals make decisions based on internal principles and the consideration of universal ethical rules.
Object Permanence
The understanding that objects continue to exist even when they cannot be observed.
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