By Requiring All Employees to Follow Specific Procedures,Semitone Inc

question 6

Multiple Choice

By requiring all employees to follow specific procedures,Semitone Inc.is following:

• A) formalization.
• B) standardization.
• C) unity of command.
• D) delegation.
• E) concentration.

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Definitions:

Sales

The activities involved in selling products or services to customers, encompassing strategies and processes for identifying customer needs, closing deals, and after-sales support.

Inventories

Quantities of goods or materials on hand or in process of manufacture, storage, or transport.

Asset Turnover

Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business, like cash, inventory, and receivables.