Examlex
Which of the following is NOT a criticism of Kirkpatrick's hierarchical evaluation model?
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period of time, indicating efficiency in inventory management.
Projected Level
An estimate of future levels of a variable, such as sales or income, based on current trends and assumptions.
Increased Efficiency
Enhancements in productivity and performance, often achieved through improved processes or technologies, leading to reduced costs and increased outputs.
Cash Flow
The total amount of money being transferred into and out of a business, especially considered when assessing liquidity and financial stability.
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