If a Firm's Fixed Assets Turnover Ratio Is Significantly Higher

question 49

True/False

If a firm's fixed assets turnover ratio is significantly higher than its industry average, this could indicate that it uses its fixed assets efficiently or is operating at over capacity and should probably add fixed assets.

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Definitions:

Alienation

A condition in which individuals feel disconnected, isolated, or estranged from others or societal processes.

Codetermination Cooperatives

Organizations that practice co-determination, allowing workers and employees to have a role in the management decisions and governance of the company.

Internal Labour Markets

Employment systems within a company that prioritize hiring and promoting employees from within, often using a distinct set of rules for moving employees between different jobs.

Quality Circles

Groups of workers who voluntarily come together to identify, analyze, and solve work-related problems and improve quality within an organization.