Question

Define stocks.

Define inventory (stock).

Define unplanned inventories (stock).

Answer 1

A stock is a quantity measured at a particular period of time. For example, the amount of money in a bank account at a particular period of time.

Examples of stock: Wealth, labour force, capital, quantity, and bank deposits.

Answer 2

Stock refers to the quantity of goods and services available for sale, or the raw materials kept for producing goods meant for sale. It is measured at a specific point in time.