Refer to the Following Selected Financial Information from Graceworks, Corp

question 81

Multiple Choice

Refer to the following selected financial information from Graceworks, Corp. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.) $\begin{array}{|l|r|r|}\hline & \text { Year 2 } & {\text { Year 1 }} \\\hline \text { Merchandise inventory } & 271,000 & 253,500 \\\hline \text { Cost of goods sold } & 486,400 & 433,100\\\hline\end{array}$

• A)113.3.
• B)228.4.
• C)203.4.
• D)179.5.
• E)215.1.

Evaluate the role and benefits of informal groups within organizations.

Learn about process losses in teams and strategies to minimize them.

Understand the concept of self-directed work teams and their dynamics.

Differentiate between constructive conflict and problems such as groupthink in teams.

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Definitions:

Informal Culture

The set of unofficial norms, practices, and behaviors that shape the social interactions within an organization.

Horizontal Culture

A workplace cultural approach that emphasizes teamwork, collaboration, and equality among employees at all levels.

Formal Attire

Clothing that conforms to a strict dress code, typically worn at official or formal occasions.

Task Culture

A workplace environment that is focused on teamwork to accomplish specific goals, often in a flexible and adaptive manner.