(Answered) 1 what is vendor managed inventory vmi how does it work

Management Studies

1. What is Vendor Managed Inventory (VMI)? How does it work and what are some benefits of it? Explain.

2. What is meant by Just In Time (JIT) inventory? What are some pros/cons. Explain.

3. What is meant by venture capital funding? What level of risk does it usually carry?

4. Some of us may have heard of the term "angel investor" - what is meant by this? What role do they play in helping a company succeed?

5. Do you think it is reasonable the SOX law requires the CEO and CFO to certify the financial statements? If you were CEO, what type of checks/balances would you put in place organizationally to ensure the statements were accurate?

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