Literature Review on Perpetual Inventory System

Question: Explore literature review on perpetual inventory system. Answer: Definition of case study: Case study can be defined as the report of the publishers concerning an individual, assemblage of group or circumstances that has been premeditated during the course of time. If the case study is concerned regarding an assemblage of group, it demonstrates the actions of the assembly entirely and not the actions of the each one personality of the group. Case studies are usually produced by following a prescribed procedure of do research. These case studies most probably emerge in the study venues, in journal articles and specialized meetings relatively than working in the popular works. Hence, the resultant body of case study research has extended history of acquiring important position in numerous areas of regulations and professionalisms, which ranges from psychology to anthropology along with in the fields of political science and education, clinical services, social services and administrative service. Definition of action research: The term action research can be defined as the research, which is conducted to solve a quick problem or it, is regarded as the meditative procedure of progressive inconvenience solving which individuals working with the others as teamwork lead. Thus, action research can be defined as one of actively participating in a concerned situation while simultaneously performing research activities. Action research can be undertake by the large organisation, supported or directed by the expert researchers, by means of improving the approaches and practices concerning the knowledge of the surroundings inside which they practice. Action research also defines that designers and the stakeholders work in collaboration with the researchers in order to propose a new course of action so that they can help their community to enhance its work practices.