A Retail Operation Would Not Have to Take a Physical

question 175

True/False

A retail operation would not have to take a physical inventory if it uses a perpetual inventory system.

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Definitions:

Manageable Components

Elements of a project or system that can be controlled or handled effectively to ensure successful completion or operation.

Organising Function

A management task involving the arrangement of resources and tasks to achieve objectives efficiently.

Mechanistic Design

An organizational structure characterized by a rigid hierarchy, high degrees of formalization and standardization, and a narrow span of control.

Narrow Spans of Control

A management structure where each manager oversees a small number of subordinates, leading to closer supervision and communication.