Managers do not face the risk of their product becoming obsolete as long as they hold their product in inventory.

Question

Quizplus · Accepted Answer

Holding the product in inventory does not necessarily protect it from becoming obsolete. Technological advances, changes in consumer preferences, and other factors can all lead to a product becoming obsolete over time. It is the manager's responsibility to keep a close eye on market trends and adjust their inventory accordingly to minimize this risk.

Managers Do Not Face the Risk of Their Product Becoming