Examlex
Of the following, which dimension identified by Hofstede refers to the extent to which societies tolerate risk or are risk averse?
Inventory Turnover
A ratio that shows how many times a company's inventory is sold and replaced over a specified period, indicating the efficiency of inventory management.
Operating Cycle
The amount of time it takes for a business to purchase inventory, sell products, and receive cash in exchange for those products, reflecting the efficiency of a company's cash flow.
Accounts Receivable Turnover
A financial metric that assesses how efficiently a company collects on the credit it extends to customers by measuring how often receivables are collected during a period.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered but not yet paid for.
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