Use the following figures (stated in millions of dollars)to compute the inventory
turnover and the days' inventory on hand within one decimal point:
a.Inventory turnover = ___________________
b.Days' inventory on hand = ___________________
Definitions:
Process Consultation
A form of organizational development where a consultant helps a client organization understand and improve its internal processes.
Organization Development
A field of research and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.
Forms Of Change
Various manners or types in which change can occur or be implemented within a system or organization.
Kurt Lewin's Change Model
A framework that describes organizational change through three steps: unfreezing, changing, and refreezing, emphasizing the importance of preparedness and support during transitions.
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