An Organization Can Invest Time and Money into Designing a Job

question 67

Short Answer

An organization can invest time and money into designing a job and creating the plan around how to best recruit to fill that job, but if the organization does not properly design its plan for identifying and managing ________ then they have not achieved ________ alignment.

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Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its most liquid assets, excluding inventory.

Current Liabilities

Short-term financial obligations that are due within one year or within a company's operating cycle, whichever is longer.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects debts from its customers.

Acid-Test Ratio

A stringent indicator that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.