The Capabilities Approach Considers

question 6

Multiple Choice

The capabilities approach considers:

• A) how much total output changes over time in a society.
• B) what people can be and how much people can do in a society.
• C) how to develop physical capital in an economy.
• D) the environmental impact of economic growth.

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Definitions:

Inventory Turnover

A ratio that shows how many times a company has sold and replaced its inventory over a certain period, indicating efficiency in managing stock.

Year 2

Year 2 commonly refers to the second year of a particular context, such as a company's operations, a multi-year study, or an educational program.

Inventory Turnover Ratio

A financial efficiency ratio that shows how many times a company has sold and replaced inventory over a period.

Days' Sales

A measure of how quickly a company can convert its inventory into sales, often used to assess liquidity and operational efficiency.