Through _____,An Employee Can Be Easily Shifted from Stockperson to Cashier

question 98

Multiple Choice

Through _____,an employee can be easily shifted from stockperson to cashier as the need arises.

• A)cross-training
• B)risk-minimization retailing
• C)rationalized retailing
• D)job standardization

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Definitions:

Days' Sales

A financial ratio that measures how efficiently a company uses its inventory by calculating the average number of days the company takes to sell its inventory.

Financial Ratios

Quantitative measures derived from financial statements used to assess a company's performance, financial health, and value.

Current Ratio

An indicator measuring a corporation's potential to handle its short-term financial obligations with assets on hand.

Common Size

A financial analysis technique that expresses each line item in a financial statement as a percentage of a base figure, aiding in comparison across different financial periods or companies.