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Standardization Helps a Company to Develop a Consistent Worldwide Image

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Standardization helps a company to develop a consistent worldwide image.What else does it do?


Definitions:

Days' Sales

A financial ratio that measures how effectively a company uses its inventory, often expressed as the average number of days that a company takes to sell its inventory.

Receivables

Money owed to a business by its clients or customers for goods or services provided on credit.

Inventory

The goods and materials a business holds for the purpose of resale, part of the company's current assets.

Days

A measurement of time typically used to indicate the elapsed or required time for a particular event or condition.

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