Of These Businesses the One That Is Likely to Have

question 26

Multiple Choice

Of these businesses the one that is likely to have the highest inventory turnover ratio is a:

• A) fish shop.
• B) music shop.
• C) car dealership.
• D) jeweller.

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Definitions:

Scientific Management

A theory in management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Worker Productivity

The measure of the efficiency of a worker or group of workers in converting inputs into useful outputs.

Telomeres

The area at the tips of each chromosome that is reduced to a tiny amount as time passes. By the end of life, the telomeres are very short.

Chromosomes

Long, stringy formations found within the cell nucleus of both animals and plants, composed of proteins and a solitary DNA molecule, responsible for bearing genetic data.