Dana Produces Fine Chocolates for Her Retail Shop Which Is

question 110

Essay

Dana produces fine chocolates for her retail shop which is open 6 days a week.The sales are R156 000 annually with a cost of goods sold of 45% of sales and inventory of 5%.Calculate the days in inventory and indicate any concerns for the shop considering the national average is 15 days.

---

Definitions:

Teams

Groups of individuals working together to achieve a common goal, characterized by collaborative efforts and shared responsibilities.

Performance Measures

Metrics or standards used to assess, track, and compare the efficiency, productivity, and success of individuals or organizations.

Unity

The state of being united or joined as a whole, especially among members of a group or team, resulting in a sense of solidarity and shared purpose.

Loss of Individuality

The process by which individuals lose their unique identity and assimilate into a group, often leading to a conformity or loss of personal expression.