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There Are Five Primary Functions of Inventories

question 36

Multiple Choice

There are five primary functions of inventories. One of the following is incorrect. Which one?


Definitions:

Support Functions

The various back-office activities and services that help an organization run smoothly, such as IT, HR, and finance.

Team Structure

The arrangement and organization of a group of individuals working together towards a common goal, defining roles, responsibilities, and the hierarchy.

Effective Lateral

A term relating to efficient communication and collaboration across different levels or departments within an organization, without relying on hierarchical chains of command.

Cross-functional Structures

Organizational frameworks in which teams or departments comprising individuals with different functional expertise work together towards a common goal.

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