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The reservations department of a major airline meets weekly to discuss ways to improve the sales quota.Whenever they meet,Sam (a new employee) ,is the only one to express a differing opinion.At first the leader just asked him not to rock the boat,but as time went on,the group began to ignore Sam and speak as though he had not said anything.This is a sign of what symptom of groupthink?
Inventory Turnover
A ratio indicating how many times a company has sold and replaced inventory over a specific period, showing efficiency in managing stock.
Cash Cycle
The duration between the outlay of cash for the purchase of inventory and the collection of cash from customers, reflecting the efficiency of a company's cash management.
Payables
Financial obligations or amounts owed by a business to its suppliers or creditors for goods and services received.
Firm's Cash Cycle
The time period it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
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