Turnover Is Calculated as

question 128

Multiple Choice

Turnover is calculated as

• A) operating income/average operating assets.
• B) average operating assets/operating income.
• C) (beginning operating assets + ending operating assets)/2.
• D) sales/average operating assets.
• E) operating income/sales.

---

Definitions:

Human Relations Management

An approach to managing employees that emphasizes the importance of interpersonal relationships, communication, and employee satisfaction in achieving organizational goals.

Laissez-Faire Management

A hands-off management style where employees are given autonomy in their tasks and decision-making, with minimal direct supervision from managers.

Transformational Management

A leadership approach that seeks to inspire and motivate employees to achieve extraordinary outcomes by focusing on shared values, employee needs, and personal development.

Organization's Vision

An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future, serving as a guide for choosing current and future courses of action.