In the Book Titled Retooling HR,author Boudreau Stated That HR

question 42

Multiple Choice

In the book titled Retooling HR,author Boudreau stated that HR evolution is challenged by the presence of too much information.What solution did the author suggest?

• A)reducing the volume of information
• B)developing measures to summarize information
• C)focusing on relevant HR information
• D)creating frameworks to interpret the information

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Definitions:

Days' Sales in Inventory

A financial ratio that shows the average number of days a company holds its inventory before selling it.

Average Collection Period

The typical timeframe a firm needs to gather payments from sales made on credit, showcasing how efficient its credit and collection procedures are.

Total Current Assets

The aggregate amount of all current assets on a company’s balance sheet, which are expected to be converted into cash within one fiscal year.

Receivable Turnover

A measure of how quickly a company collects cash from its accounts receivable, typically calculated as net credit sales divided by average accounts receivable.