If Diversity Is Ineffectively Managed, High Turnover and Miscommunication Can

question 51

True/False

If diversity is ineffectively managed, high turnover and miscommunication can result, creating an environment, which hinders achievement of organizational goals.

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Definitions:

Collection Time

The average period a company takes to collect payments owed by its customers.

Lockbox Fee

A charge by banks for the service of collecting payments through a secured post office box and processing them for the account holder.

Money Market Securities

Short-term financial instruments, typically with high liquidity and very low risk, used by individuals and corporations to manage cash.

Average Daily Cost

The average cost incurred by a business or an individual on a daily basis.