Which of the Following Is Most Likely to Have a Highly

question 64

Multiple Choice

Which of the following is most likely to have a highly ethical organizational culture?

• A) a highly aggressive, competitive business
• B) a business with outgoing and friendly employees
• C) a company with high risk tolerance
• D) a business that focuses strictly on outcomes

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Definitions:

Annual Demand

The total demand for a product or service over the course of a single year.

ABC Analysis

A method for classifying inventory or items into three categories (A, B, and C) based on their importance, usually determined by value or usage rate.

Inventory Savings

Reductions in costs achieved through efficient management of stock, including ordering, storing, and using goods or materials.

Economic Order Quantity

A calculation that determines the optimal order quantity that minimizes total inventory costs, including holding, ordering, and shortage costs.