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A small math department has six faculty members and 30 students. The department can send six people to a national convention, and it would like to send four students and two faculty members. Of the 30 students, four are selected randomly. Two faculty members are randomly selected from the six. This is an example of:
Cash-to-Cash Cycle
The time period between when a business pays cash to its suppliers for inventory and receives cash from its customers for goods or services sold.
Responsiveness
The ability of an organization or system to quickly and effectively adapt to changes or respond to customers.
ROA
Return on Assets, a financial metric indicating how profitable a company is relative to its total assets, measuring efficiency in using assets to generate earnings.
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