The Owner of a Toy Store Wants a Manager to Make

question 148

Multiple Choice

The owner of a toy store wants a manager to make several decisions about the placement of certain toys in the store. The decisions need to be made very quickly, and the owner has been impressed with the manager's ability to make similar decisions in the past. The owner is MOST LIKELY to suggest that the manager ________.

• A) bring in several people to help make the decisions
• B) work alone
• C) use nonprogrammed decision making
• D) utilize the Delphi technique

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Definitions:

Total Asset Turnover

A financial ratio that measures how efficiently a company uses its total assets to generate sales revenue.

Total Assets

The sum of all assets owned by an entity, including both current and non-current assets, reflecting the total resources at its disposal.

Fixed Asset Turnover

A financial ratio that measures a company's efficiency in using its fixed assets to generate sales.

Net Fixed Assets

The value of a company's property, plant, and equipment minus depreciation, indicating the tangible assets used in operations.