A Lower Days' Sales in Inventory for Company X When

question 33

Multiple Choice

A lower days' sales in inventory for Company X when compared to other companies, indicates that Company X:

• A)is able to sell its inventory quickly.
• B)is spending more on inventory storage.
• C)is incurring higher insurance costs.
• D)is holding excess obsolete inventory.

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Definitions:

Employee Performance

The extent to which an employee's work outputs and actions align with the goals and expectations of their employer.

Required Competencies

The specific skills, knowledge, and abilities needed to perform a job effectively.

MARS Model

A framework in organizational behavior that identifies four critical factors determining employee performance: Motivation, Ability, Role perceptions, and Situational factors.

Competencies

A mix of abilities, expertise, and competencies needed to successfully execute job responsibilities.