Keeping inventories low is especially important to the high-tech firms, because so many of their products lose value quickly.

Name: Keeping inventories low is especially important to the high-tech firms, because so many of their products lose value quickly.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

High-tech products have a short product life cycle, which means that their value decreases rapidly. Therefore, keeping inventories low is crucial to avoid overstocking and losses due to outdated or obsolete products.

Keeping Inventories Low Is Especially Important to the High-Tech Firms