CatchaTan Co

question 379

Multiple Choice

CatchaTan Co. of British Columbia had net sales of $800,000 over the past year. During that time, average receivables were $200,001. What was the average collection period?

• A) 4 days
• B) 5 days
• C) 36 days
• D) 48 days
• E) 91 days

Recognize various motivational theories and their key proponents.

Describe how individual needs influence workplace behavior and motivation.

Explain the role of feedback, goal setting, and achievements in motivating individuals.

Distinguish between hygiene factors and motivation factors in the context of Herzberg's two-factor theory.

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Definitions:

Nash Equilibria

Situations in a strategic game where no player can benefit by changing strategies while the other players keep theirs unchanged.

Plant Capacity

The maximum output that a manufacturing facility or plant can produce under normal working conditions.

Time-Discounted Values

The process of decreasing the value of future earnings or benefits to reflect its present value, considering the time value of money.

Profit Streams

Continuous flows of profit from a business activity over a period of time.