Its _____ Ratio May Tell Us That a Company Generated

question 148

Multiple Choice

Its _____ ratio may tell us that a company generated an excellent return on assets in its first year and a good return in its second year.

• A)management effectiveness ratio
• B)management efficiency ratio
• C)profit margin ratio
• D)financial condition ratio

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Definitions:

Craft Unions

Labor unions that represent workers specialized in a particular craft or trade, focusing on securing better wages, hours, and working conditions for their members.

Industry

Sectors of the economy concerned with the production and manufacture of goods, often categorized into heavy, light, and high-tech segments.

Organization Design

The process of shaping an organization's structure and roles to align with business objectives and strategies.

Organizational Success

The achievement of the goals and objectives set by an organization through effective planning, strategy implementation, and performance management.