Achieving a lower inventory balance through working capital management can result in savings

from both carrying costs and losses associated with obsolete inventory.

Indicate whether the statement is true or false

TRUE

Business

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Which of the following is an unfair competitive advantage?

A) brand name B) access to global markets C) lower product prices D) superior technology

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Which of the following best describes spatial visualization?

A) the ability to imagine how an object would look if its position were changed B) the ability to retain and recall or remember past experiences C) the ability to identify visual similarities and differences quickly and accurately D) the ability to understand what is read or heard and the relation between words E) the ability to calculate numbers in a speedy and accurate manner

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