Why is it important to control the cost of inventory

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1. What are the implications of globalization when you have to look for a job? What can you do to prepare yourself for competing in a globalized business environment? How would knowledge of information systems help you compete?

2. Why do you think the inventory level is so important to an organization? Why is it important to control the cost of inventory? What can happen if the inventory level is low? What can happen if the inventory level is high? Why should inventory levels be monitored?

3. It has been said that the advantages that leading-edge retailers such as Walmart have over competitors isn't technology, it's their management. Do you agree? Why or why not?

Reference no: EM132211219

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