_____ Is a Field of Study Devoted to Understanding,explaining,and Ultimately

question 38

Multiple Choice

_____ is a field of study devoted to understanding,explaining,and ultimately improving the attitudes and behaviors of individuals and groups in organizations.

• A)Financial management
• B)Organizational behavior
• C)Strategic management
• D)Marketing management
• E)Economics

---

Definitions:

Inventory Turnover Ratio

A financial metric that measures how many times a company has sold and replaced its inventory over a specific period.

Cost of Goods Sold

The immediate financial obligations related to manufacturing goods sold by a company, involving workforce and materials.

Average Inventory

A calculation used to estimate the value or quantity of inventory a business has over a certain period, often used to evaluate inventory turnover.

Average Inventory

The mean value of a company's inventory over a specific period, used to analyze inventory levels and manage stock efficiently.