Arnold Company's Return on Sales for the Most Recent Year

question 17

Multiple Choice

Arnold Company's return on sales for the most recent year was 6%. Arnold Company would like to achieve a return on sales of 8% to match those of the current industry leader. This comparison is an example of:

• A)intercompany analysis.
• B)detail analysis.
• C)analytical goal setting.
• D)benchmarking.

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Definitions:

Training Requirements

Mandatory training and skills that employees must possess or acquire to perform their job roles effectively.

Performance Criteria

Standards or benchmarks used to assess the effectiveness or success of a particular activity or employee's output.

Training Objectives

Specific goals that an employee training program aims to achieve, such as improving skills, knowledge, and competencies relevant to their job roles.

Desired Behaviour

The specific actions or responses that an organization aims to encourage or reinforce in its employees.