One Reason That the Importance of Interpersonal Relations in Business

question 52

Multiple Choice

One reason that the importance of interpersonal relations in business is increasing is​

• A) ​organizations' ability to demonstrate bottom-line results.
• B) ​the increasing isolation of the work through the use of computer technology.
• C) ​organizations' increasing customer service orientation.
• D) ​the decreasing costs of implementing human relations programs.

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Definitions:

Current Ratio

An indicator of financial health showing whether a business can cover its short-term debts with assets that can be quickly converted into cash.

Acid-Test Ratio

A stringent indicator of a company's short-term liquidity, calculated by dividing liquid assets by current liabilities.

Times Interest Earned

This is a financial ratio that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes.

Gross Margin Percentage

A financial metric that indicates the proportion of money left over from revenues after deducting the cost of goods sold, expressed as a percentage of total revenue.