A Firms' Operating Cycle Measures

question 81

Multiple Choice

A firms' operating cycle measures

• A) the time that elapses from the firm's receipt of raw materials until it pays for those materials.
• B) the time that elapses from the payment of raw materials until the firm is paid for its finished product.
• C) the time that elapses from the firm's receipt of raw materials to begin production to its collection of cash from the sale of the finished product.
• D) none of the above.

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Definitions:

Normative Commitment

An employee's psychological attachment to, and feeling of obligation towards, their organization.

Job Embeddedness

The extent to which an employee feels connected to their job and community, affecting their likelihood to stay with the organization.

Procedural Justice

The concept that fair and transparent procedures should be applied in the process of decision making to ensure fairness and build trust.

Voice

In organizational context, the ability of employees to express opinions, concerns, or to suggest improvements without fear of retaliation.