A Bakery Generally Makes a Sale of $4,000 Every Month

question 85

Multiple Choice

A bakery generally makes a sale of $4,000 every month. But during Christmas time it made a sale of $6,000. That is, it registered an increase in its sales. The sales factor is a performance _____ to judge organizational performance.

• A) count
• B) referent
• C) line
• D) measure
• E) mark

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Definitions:

Finished Goods

Items that have gone through the production process and are now prepared for sale.

Manufacturer

A company or person that produces finished goods from raw materials in large quantities through various processes.

Ready For Sale

Indicates items or products are in a condition where they can be offered to customers for purchase.

Inventory Turnover

A financial ratio that measures how quickly a company sells and replaces its stock of goods within a period.