When you hear 'inventory,' think about a list or count of items. Imagine it like countingto figure out the total number all the books you have on your bookshelf.
'Inventory' is not only a list or count of itemsthings, objects but also keeping track of those itemsthings, objects. It's like when a store manager counts how many particular itemsthings, objects the store has.
'Inventory' is a detailed and organized accountrecord, description of available goods or resources in a business. It involves management and controls that ensure the right number and type of items are stocked effectivelyin a way that achieves desired results.
Context
Business
In graphic design, an 'inventory' might refer to a collection of design elementsbasic units in any visual design such as icons, images, fonts, etc. A creative director might say, 'Let's review our design inventory for the upcoming project.'
In retail, keeping an accurate 'inventory' is crucial to avoid stockoutshaving no inventory left or overstockshaving excess inventory. A store manager could say, 'We should check our inventory before ordering new stock from the supplier.'
In research, 'inventory' can denotestand as a name or symbol for a list of equipment, resources or even questions (such as in 'Personality inventorya type of questionnaire'). A researcher might say, 'Today, we are going to take inventory of the lab equipment.'
In Information Technology, 'inventory' often refers to the resources a company uses. An IT manager might state, 'We need to update our Software inventoryList of software available.'
Practice Professional Conversation
Listen to the given audio and respond using 'inventory'.
characters: 0 [ 60 - 240 ]
Here is a hint. Listen after submitting your response.