Working Capital = Current Assets - Current Liabilities
= $400,500* - $174,730
= $225,770
Definitions:
High-involvement Organization
An organizational model that encourages employee participation in decision-making and business operations to improve performance and satisfaction.
Cultural Value
Beliefs or ideals shared by members of a society about what is important, desirable, and how people should behave.
Classical Management Strategy
A set of principles for managing organizations that emphasizes planning, organizing, leading, and controlling.
Horizontal Communication
The exchange of information between individuals or units of an organization at the same hierarchical level, aimed at coordination and collaboration.
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