The Performance Ratio That Measures the Efficiency of the Organization

question 26

Multiple Choice

The performance ratio that measures the efficiency of the organization in terms of how well the resources of the organization have been used to generate profit is a(n) ________ ratio.

• A)activity
• B)leverage
• C)profit
• D)liquidity

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Definitions:

Marketplace Trends

Predominant shifts or movements observed within a market or industry, influencing consumer behavior and business strategies.

Technological Environmental Force

External factors related to advancements in technology that can affect the operations and competitiveness of businesses within an industry.

Demographic Characteristics

Attributes of populations, such as age, race, gender, income, and education, used in market research and policy analysis.

Social Forces

Factors that affect society’s basic structure and the behavior of its members, including values, culture, norms, and demographic characteristics.