Employee Involvement Tends to Have Which of the Following Benefits

question 121

Multiple Choice

Employee involvement tends to have which of the following benefits in decision making?

• A)Leads to a more accurate definition of the problem.
• B)Improves the number and quality of alternative solutions.
• C)Increases the likelihood of selecting the best alternative.
• D)Strengthens employee commitment to the solution.
• E)All of these statements are correct.

---

Definitions:

Accounts Receivable Turnover

A financial ratio that measures how many times a company collects its average accounts receivable in a period.

Sales

The total amount of goods or services sold by a company, serving as a primary source of revenue.

Net Income

A company's overall earnings following the deduction of all expenses and taxes from its gross income.

Average Collection Period

The average number of days it takes for a company to collect receivables from its customers, indicating the efficiency of its credit policies.