The stored accumulation of material resources in a transformation system is the definition of *
a) Inventory Management
b) Marketing Management
c) Productivity Management
d) Logistical Management
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Inventory management as the storage is done in inventory as i am new so please do not report me i am newbie in buisness stidies
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- Inventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products as well as warehousing and processing such items.
- Marketing management is the organizational discipline which focuses on the practical application of marketing orientation, techniques and methods inside enterprises and organizations and on the management of a firm's marketing resources and activities.3.Productivity is defined as a total output per one unit of a total input. In control management, productivity is a measure of how efficiently a process runs and how effectively it uses resources.4.Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination.
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