AN ASSESSMENT OF THE IMPACT OF STOCK MANAGEMENT ON THE PERFORMANCE OF AN ORGANIZATION
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Inventory constitutes a major portion of current assets, especially in manufacturing companies and retail/trading firms. In order to maintain inventory levels of such magnitude, huge financial resources are committed to them (Mittal, 2014). As such, inventory also constitutes a major component of working capital. To a large extent, the success or failure of a business depends upon its inventory management performances. Inventory management, ...
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