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The Impact of Training on _____ Is the Most Significant,but

question 65

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The impact of training on _____ is the most significant,but most difficult,effect to demonstrate.


Definitions:

Inventory Period

The duration of time it takes for a company to turn its inventory into sales, typically measured in days.

Operating Cycle

The average period of time between the purchase of goods and services for production and the receipt of cash from sales of the final products.

Inventory Turnover

A financial ratio that measures how many times a company's inventory is sold and replaced over a specific period.

Payables Turnover

A financial ratio that shows how quickly a company pays off its suppliers by comparing net purchases to average accounts payable.

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