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If a firm's existing quick ratio is 1.2, and all other variables remain unchanged, the quick ratio can be increased by:
Human Relations Movement
An approach to management and organizational behavior emphasizing the importance of social relations and employee well-being.
Unionization
The process of organizing the employees of a company into a labor union to seek collective bargaining rights and protect their interests.
Operations Management
The administration of business practices to create the highest level of efficiency possible within an organization, focusing on converting materials and labor into goods and services as effectively as possible.
Material and Human Resources
The tangible resources (like equipment and raw materials) and the workforce needed to carry out organizational operations.
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