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Financial Management Coursework PDF

11 Pages·2021·English
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by ['Agnes Nalutaaya']| 2021| 11 pages| English

About Financial Management Coursework

The document discusses the importance of inventory management for businesses. It defines inventory as the goods and materials used for production and sale. It explains that inventory management is the process of overseeing the flow of inventory into and out of stock. The document outlines several benefits of proper inventory management for businesses, including maintaining customer satisfaction, enabling smooth production, and protecting against uncertainties in demand and supply. It states that as inventory is a major asset, financial managers should be concerned with inventory management to efficiently use techniques that achieve and maintain optimum inventory levels.

Detailed Information

Author:['Agnes Nalutaaya']
Publication Year:2021
Pages:11
Language:English
Format:PDF
Price:FREE
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