Examlex
Which of the following are key benchmarks for performance appraisal systems?
Inventory
Materials and products that are held by a company for the purpose of sale or production.
Inventory Turnover
A measure of how frequently a company sells and replaces its stock of goods during a specific period, indicating the efficiency of inventory management.
Inventory
The total amount of goods and materials held by a company intended for sale or used in production.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
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