An Organization Claiming to Provide an Environment in Which Employees

question 5

Multiple Choice

An organization claiming to provide an environment in which employees can grow their careers has to ________.

• A)provide performance feedback and development opportunities
• B)emulate its competitor firms and their placement strategies
• C)cease internal recruitment and rely on external recruiting alone
• D)implement a transparent hiring and firing strategy

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Definitions:

Net Sales

The total revenue from sales minus returns, allowances, and discounts.

Gross Profit

The financial gain obtained after subtracting the cost of goods sold from net sales revenues, indicating the efficiency of core business operations.

Beginning Inventory

The value of a company's inventory at the start of an accounting period, carried over from the end of the previous period.

Days In Inventory Ratio

A financial metric indicating the average number of days a company holds inventory before selling it, calculated as inventory divided by cost of goods sold, then multiplied by 365 days.