Firms a and B Have the Same Current Ratio,0

question 62

True/False

Firms A and B have the same current ratio,0.75,the same amount of sales,and the same amount of current liabilities.However,Firm A has a higher inventory turnover ratio than B.Therefore,we can conclude that A's quick ratio must be smaller than B's.

Recognize the role and importance of stakeholders in an organization's external environment.

Describe the characteristics of a sustainable business and its impact on the environment.

Identify the elements that constitute the specific and general environments of an organization.

Understand the effects of technological conditions on organizational environments.

---

Definitions:

Albert Bandura

A prominent psychologist known for his work on social learning theory and the concept of self-efficacy.

Conditioning Techniques

Methods used in behavioral psychology to learn or modify behaviors by associating them with certain stimuli, including classical and operant conditioning.

Behaviour Modification

Behavior modification involves the systematic application of learning principles and techniques to change maladaptive behaviors or encourage desirable ones.

Laboratory

A controlled environment designed for scientific experimentation, research, and testing.