True or False: Stock control managers do not establish or supervise inventories.

The statement is false because stock control managers are specifically tasked with establishing and supervising inventories. Their role involves overseeing inventory levels, tracking stock movements, and ensuring that there is an adequate supply of goods while minimizing excess stock. Effective inventory management is critical in preventing stockouts and ensuring operational efficiency. Without the oversight of stock control managers, organizations would struggle to maintain optimal inventory levels, which could lead to disruptions in supply chains and increased costs. Therefore, the assertion that stock control managers do not establish or supervise inventories is incorrect, as these responsibilities are central to their role.