DIRECTIONS Step 1Conduct Internet research about Inventory stockpiling and foreign tax credit Step 2Conduct Internet research that identifies at least 3 websites for each topic that discuss. Include...

Inventory stockpiling
The term inventory stockpiling refers to the act of acquiring and storing huge quantity of inventory. This is usually done when a future shortage of inventory is anticipated in the near future. Inventory stockpiling is also regarded as one of the various steps that are performed inorder to mitigate a disaster when essential items of inventory are accumulated and stored in large quantities in order to be used in future. Companies generally resort to stock piling is circumstances such as strike of labour, changes in trade regulations, any other trade risks. A lot of companies also resort to stockpiling so as to able to meet market demand (Selcuk B, n.d). It is generally seen that companies which have strong labour unions, maintain a high build up of their inventories so as to have more bargaining power when negotiating with those unions (Hamm S, Jung B, Lee W, Yang D, 2018). Brexit was one of the major factors which led a lot of firms to stock pile their inventory items. A lot of manufacturers in the confectionary industry have been facing a lot of uncertainty as a result of exit of Britain from European Union, as most of these companies are dependent on free trade for their supply of their raw materials and finished products. Cadbury industries were known to stock pile a lot of its cookies and...