All of the Following Are Characteristics Which Describe Learning Organizations

question 78

Multiple Choice

All of the following are characteristics which describe learning organizations EXCEPT:

• A) Learning organizations are good at learning from experience
• B) Some companies choose to conduct formal retrospective meetings to analyze the challenges encountered and areas for improvement
• C) Learning organizations hire only employees who are willing to learn from past mistakes
• D) Learning organizations are good at studying customer habits to generate ideas

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Definitions:

Current Assets

Assets owned by a company that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Carrying Costs

Expenses associated with holding or storing inventory over a period.

Cash Budget

An estimation of cash inflows and outflows over a specific period, used to manage and plan for any potential surplus or deficit in cash.

Shortage Costs

Costs incurred when the demand for a product exceeds the supply available, potentially including lost sales, expedited shipping fees, and lower customer satisfaction.