A Current Trend in Business Today Is __________

question 143

Multiple Choice

A current trend in business today is __________.

• A)an attempt to give bonus opportunities to both managerial and non-managerial jobs.
• B)to eliminate global opportunities for advancement.
• C)only give fixed pay to employees.
• D)phase out the use of cash bonuses for management levels.
• E)to only give cash bonuses to employees based in the United States.

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Definitions:

Days' Sales

A financial metric that calculates the average time it takes for a company to turn its accounts receivable into cash.

Raw Materials Inventory

Items and components stored for future use in the production process, not yet modified or incorporated into a finished product.

Cost of Goods Manufactured

The total production cost of goods that have been completed over a specific period, including labor, materials, and overhead.

Year

A period of 365 days (or 366 days in a leap year) used for calculating time in the Gregorian calendar.