December 2025
Intermediate to advanced
561 pages
27h 17m
English
book
International Financial Management: An Analytical Framework, 2nd Edition by Pearson
by Thummuluri Siddaiah
Content preview from International Financial Management: An Analytical Framework, 2nd Edition by Pearson
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396 INTERNATIONAL FINANCIAL MANAGEMENT
Inventory Management
Firms hold inventory for different purposes, which may be broadly categorized as trans-
action, precautionary, and speculative purposes. A firm may hold inventory to meet its
day-to-day business (production) requirements. The level of such inventory should be large
enough to meet the normal business requirements of the firm. It may also maintain some
extra stock (more than that required for normal business) to meet unexpected increases
in business requirements or any contingency. A firm may also maintain a certain stock to
cash in on unexpected opportunities in the future. While deciding on the level of inven-
tory (how much stock of inventory a firm should hold during a particular period), ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.